Wimi Hologram Cloud Stock Technical Analysis

WIMI Stock  USD 0.93  0.09  8.82%   
As of the 30th of April, WiMi Hologram maintains the Risk Adjusted Performance of 0.0759, mean deviation of 8.46, and Downside Deviation of 10.75. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of WiMi Hologram Cloud, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for WiMi Hologram Cloud, which can be compared to its peers. Please check out WiMi Hologram Cloud variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if WiMi Hologram Cloud is priced fairly, providing market reflects its latest price of 0.93 per share. Given that WiMi Hologram Cloud is a hitting penny stock territory we urge to closely look at its total risk alpha.

WiMi Hologram Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WiMi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WiMi
  
WiMi Hologram's 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.

WiMi Hologram Analyst Consensus

Target PriceAdvice# of Analysts
7.0Strong Sell0Odds
WiMi Hologram Cloud current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most WiMi analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand WiMi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WiMi Hologram Cloud, talking to its executives and customers, or listening to WiMi conference calls.
WiMi Analyst Advice Details
WiMi Hologram technical 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, stock market cycles, or different charting patterns.
A focus of WiMi Hologram technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WiMi Hologram 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...

WiMi Hologram Cloud Technical Analysis

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The output start index for this execution was fifteen with a total number of output elements of fourty-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 WiMi Hologram Cloud volatility. High ATR values indicate high volatility, and low values indicate low volatility.

WiMi Hologram Cloud Trend Analysis

Use this graph to draw trend lines for WiMi Hologram Cloud. You can use it to identify possible trend reversals for WiMi Hologram 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 WiMi Hologram price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

WiMi Hologram Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WiMi Hologram Cloud applied against its price change over selected period. The best fit line has a slop of   0.0035  , which may suggest that WiMi Hologram Cloud market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.46, which is the sum of squared deviations for the predicted WiMi Hologram price change compared to its average price change.

About WiMi Hologram 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 WiMi Hologram Cloud 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 WiMi Hologram Cloud based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WiMi Hologram Cloud price pattern first instead of the macroeconomic environment surrounding WiMi Hologram Cloud. By analyzing WiMi Hologram'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 WiMi Hologram'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 WiMi Hologram specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding33.6313.5915.6314.85
PTB Ratio1.280.420.480.46

WiMi Hologram April 30, 2024 Technical Indicators

Most technical analysis of WiMi 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 WiMi from various momentum indicators to cycle indicators. When you analyze WiMi 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.

WiMi Hologram April 30, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as WiMi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for WiMi Stock analysis

When running WiMi Hologram's price analysis, check to measure WiMi Hologram's 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 WiMi Hologram is operating at the current time. Most of WiMi Hologram's value examination focuses on studying past and present price action to predict the probability of WiMi Hologram's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WiMi Hologram's price. Additionally, you may evaluate how the addition of WiMi Hologram to your portfolios can decrease your overall portfolio volatility.
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Is WiMi Hologram's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WiMi Hologram. If investors know WiMi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WiMi Hologram listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Earnings Share
(0.68)
Revenue Per Share
6.71
Quarterly Revenue Growth
0.293
Return On Assets
(0.12)
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram's 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.