Jushi Holdings Stock Technical Analysis

JUSHF Stock  USD 0.64  0.04  5.88%   
As of the 26th of April, Jushi Holdings retains the Market Risk Adjusted Performance of 0.0431, downside deviation of 6.43, and Risk Adjusted Performance of 0.021. Jushi Holdings technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Jushi Holdings, which can be compared to its competitors. Please check out Jushi Holdings variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Jushi Holdings is priced fairly, providing market reflects its last-minute price of 0.64 per share. As Jushi Holdings is a penny stock we also advise to confirm its total risk alpha numbers.

Jushi Holdings Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jushi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Jushi
  
Jushi Holdings' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Jushi Holdings technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Jushi Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jushi Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Jushi Holdings Technical Analysis

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The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Jushi Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jushi Holdings Trend Analysis

Use this graph to draw trend lines for Jushi Holdings. You can use it to identify possible trend reversals for Jushi Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Jushi Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Jushi Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jushi Holdings applied against its price change over selected period. The best fit line has a slop of   0.0028  , which may suggest that Jushi Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.3, which is the sum of squared deviations for the predicted Jushi Holdings price change compared to its average price change.

About Jushi Holdings Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Jushi Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Jushi Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Jushi Holdings price pattern first instead of the macroeconomic environment surrounding Jushi Holdings. By analyzing Jushi Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Jushi Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Jushi Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.

Jushi Holdings April 26, 2024 Technical Indicators

Most technical analysis of Jushi help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Jushi from various momentum indicators to cycle indicators. When you analyze Jushi charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jushi Holdings. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Jushi Holdings information on this page should be used as a complementary analysis to other Jushi Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Jushi OTC Stock analysis

When running Jushi Holdings' price analysis, check to measure Jushi Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jushi Holdings is operating at the current time. Most of Jushi Holdings' value examination focuses on studying past and present price action to predict the probability of Jushi Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jushi Holdings' price. Additionally, you may evaluate how the addition of Jushi Holdings to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Jushi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jushi Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jushi Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.