Quotemedia Stock Technical Analysis

QMCI Stock  USD 0.23  0.03  15.00%   
As of the 24th of April, Quotemedia holds the Risk Adjusted Performance of 0.0315, coefficient of variation of 2725.76, and Semi Deviation of 3.17. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quotemedia, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Quotemedia, which can be compared to its competitors. Please check Quotemedia variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Quotemedia is priced some-what accurately, providing market reflects its current price of 0.23 per share. As Quotemedia appears to be a penny stock we also advise to check out its total risk alpha numbers.

Quotemedia Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Quotemedia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Quotemedia
  
Quotemedia'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.
Quotemedia 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 Quotemedia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quotemedia 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...

Quotemedia Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Quotemedia volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Quotemedia Trend Analysis

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

Quotemedia Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Quotemedia applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Quotemedia market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Quotemedia price change compared to its average price change.

About Quotemedia 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 Quotemedia 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 Quotemedia based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Quotemedia price pattern first instead of the macroeconomic environment surrounding Quotemedia. By analyzing Quotemedia'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 Quotemedia'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 Quotemedia specific price patterns or momentum indicators. Please read more on our technical analysis page.

Quotemedia April 24, 2024 Technical Indicators

Most technical analysis of Quotemedia 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 Quotemedia from various momentum indicators to cycle indicators. When you analyze Quotemedia 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quotemedia. 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 main economic indicators.
Note that the Quotemedia information on this page should be used as a complementary analysis to other Quotemedia's 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Quotemedia's price analysis, check to measure Quotemedia'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 Quotemedia is operating at the current time. Most of Quotemedia's value examination focuses on studying past and present price action to predict the probability of Quotemedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quotemedia's price. Additionally, you may evaluate how the addition of Quotemedia to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Quotemedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quotemedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quotemedia'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.