Santen Pharmaceutical Co Stock Technical Analysis

SNPHF Stock  USD 9.45  0.00  0.00%   
As of the 29th of March, Santen Pharmaceutical has the Variance of 3.52, coefficient of variation of (4,631), and Risk Adjusted Performance of (0). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Santen Pharmaceutical, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyze and collected data for thirteen technical drivers for Santen Pharmaceutical Co, which can be compared to its competition. Please validate Santen Pharmaceutical market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Santen Pharmaceutical is priced more or less accurately, providing market reflects its prevalent price of 9.45 per share. Given that Santen Pharmaceutical has information ratio of (0.09), we advise you to double-check Santen Pharmaceutical Co's current market performance to make sure the company can sustain itself at a future point.

Santen Pharmaceutical Momentum Analysis

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

Santen Pharmaceutical 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 Santen Pharmaceutical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Santen Pharmaceutical Trend Analysis

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

Santen Pharmaceutical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Santen Pharmaceutical Co applied against its price change over selected period. The best fit line has a slop of   0.0086  , which may suggest that Santen Pharmaceutical Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.78, which is the sum of squared deviations for the predicted Santen Pharmaceutical price change compared to its average price change.

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

Santen Pharmaceutical March 29, 2024 Technical Indicators

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

Santen Pharmaceutical March 29, 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 Santen 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Santen Pharmaceutical Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Santen Pharmaceutical information on this page should be used as a complementary analysis to other Santen Pharmaceutical'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Santen Pink Sheet analysis

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