Carecloud Stock Pattern Recognition Inverted Hammer

CCLDO Stock   17.09  0.41  2.34%   
CareCloud pattern recognition tool provides the execution environment for running the Inverted Hammer recognition and other technical functions against CareCloud. CareCloud value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Inverted Hammer recognition function is designed to identify and follow existing trends. CareCloud momentum indicators are usually used to generate trading rules based on assumptions that CareCloud trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The Inverted Hammer pattern indicates that the buyers drove prices of CareCloud up, at some point during the period, but encountered selling pressure which drove prices back down to close near to where they opened.

CareCloud Technical Analysis Modules

Most technical analysis of CareCloud 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 CareCloud from various momentum indicators to cycle indicators. When you analyze CareCloud charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About CareCloud Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CareCloud. We use our internally-developed statistical techniques to arrive at the intrinsic value of CareCloud based on widely used predictive technical indicators. In general, we focus on analyzing CareCloud Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CareCloud's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of CareCloud's intrinsic value. In addition to deriving basic predictive indicators for CareCloud, we also check how macroeconomic factors affect CareCloud price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.160.360.60.63
Price To Sales Ratio0.660.310.20.19
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CareCloud's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.5217.5322.54
Details
Intrinsic
Valuation
LowRealHigh
8.3613.3718.38
Details
Naive
Forecast
LowNextHigh
14.3519.3624.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.2412.7716.29
Details

Align your values with your investing style

In addition to having CareCloud in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Cash Cows Idea
Cash Cows
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Banking Idea
Banking
Invested over 20 shares
Momentum Idea
Momentum
Invested few shares
Sector ETFs Idea
Sector ETFs
Invested over 100 shares
Large Cap ETFs Idea
Large Cap ETFs
Invested over 60 shares
Investor Favorites Idea
Investor Favorites
Invested over 90 shares
When determining whether CareCloud is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CareCloud Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carecloud Stock. Highlighted below are key reports to facilitate an investment decision about Carecloud Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Health Care Equipment & Supplies space 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 CareCloud. If investors know CareCloud 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 CareCloud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CareCloud is measured differently than its book value, which is the value of CareCloud that is recorded on the company's balance sheet. Investors also form their own opinion of CareCloud's value that differs from its market value or its book value, called intrinsic value, which is CareCloud'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 CareCloud's market value can be influenced by many factors that don't directly affect CareCloud'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 CareCloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareCloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareCloud'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.