Lightwave Logic Stock Technical Analysis

LWLG Stock  USD 2.14  0.18  9.18%   
As of the 24th of December, Lightwave Logic secures the Mean Deviation of 5.09, standard deviation of 6.96, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lightwave Logic, as well as the relationship between them. Please verify Lightwave Logic coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Lightwave Logic is priced some-what accurately, providing market reflects its recent price of 2.14 per share. Please also check out Lightwave Logic jensen alpha, which is currently at (0.33) to check the company can sustain itself at a future point.

Lightwave Logic Momentum Analysis

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

Lightwave Logic Analyst Consensus

Target PriceAdvice# of Analysts
2.71Strong Sell0Odds
Lightwave Logic current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Lightwave 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 Lightwave stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lightwave Logic, talking to its executives and customers, or listening to Lightwave conference calls.
Lightwave Analyst Advice Details
Lightwave Logic 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 Lightwave Logic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lightwave Logic 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...

Lightwave Logic 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 Lightwave Logic volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Lightwave Logic Trend Analysis

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

Lightwave Logic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lightwave Logic applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Lightwave Logic market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.7, which is the sum of squared deviations for the predicted Lightwave Logic price change compared to its average price change.

About Lightwave Logic 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 Lightwave Logic 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 Lightwave Logic based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lightwave Logic price pattern first instead of the macroeconomic environment surrounding Lightwave Logic. By analyzing Lightwave Logic'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 Lightwave Logic'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 Lightwave Logic specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Days Sales Outstanding282.71251.3
PTB Ratio15.7814.99

Lightwave Logic December 24, 2024 Technical Indicators

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

Complementary Tools for Lightwave Stock analysis

When running Lightwave Logic's price analysis, check to measure Lightwave Logic'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 Lightwave Logic is operating at the current time. Most of Lightwave Logic's value examination focuses on studying past and present price action to predict the probability of Lightwave Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lightwave Logic's price. Additionally, you may evaluate how the addition of Lightwave Logic to your portfolios can decrease your overall portfolio volatility.
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