Quidel Stock Technical Analysis

QDEL Stock  USD 47.94  0.32  0.66%   
As of the 28th of March, Quidel holds the Variance of 22.34, risk adjusted performance of (0.05), and Coefficient Of Variation of (926.56). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quidel, 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 analyze and collect data for thirteen technical drivers for Quidel, which can be compared to its competitors. Please check Quidel variance and value at risk to decide if Quidel is priced some-what accurately, providing market reflects its current price of 47.94 per share. Given that Quidel has information ratio of (0.14), we recommend you to check out Quidel's recent market performance to make sure the company can sustain itself at a future point.

Quidel Momentum Analysis

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

Quidel Analyst Consensus

Target PriceAdvice# of Analysts
118.14Hold7Odds
Quidel current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Quidel 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 Quidel stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Quidel, talking to its executives and customers, or listening to Quidel conference calls.
Quidel Analyst Advice Details
Quidel 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 Quidel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quidel 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...

Quidel Technical Analysis

Indicator
Time Period
Execute Indicator
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 Quidel volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Quidel Trend Analysis

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

Quidel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Quidel applied against its price change over selected period. The best fit line has a slop of   0.61  , which may suggest that Quidel market price will keep on failing further. It has 122 observation points and a regression sum of squares at 14109.69, which is the sum of squared deviations for the predicted Quidel price change compared to its average price change.

About Quidel 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 Quidel 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 Quidel based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Quidel price pattern first instead of the macroeconomic environment surrounding Quidel. By analyzing Quidel'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 Quidel'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 Quidel specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.150.088
Price To Sales Ratio1.642.54

Quidel March 28, 2024 Technical Indicators

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

Quidel March 28, 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 Quidel 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 Quidel is a strong investment it is important to analyze Quidel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
Note that the Quidel information on this page should be used as a complementary analysis to other Quidel'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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Quidel's price analysis, check to measure Quidel'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 Quidel is operating at the current time. Most of Quidel's value examination focuses on studying past and present price action to predict the probability of Quidel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quidel's price. Additionally, you may evaluate how the addition of Quidel to your portfolios can decrease your overall portfolio volatility.
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Is Quidel'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 Quidel. If investors know Quidel 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 Quidel 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
(0.77)
Earnings Share
(0.15)
Revenue Per Share
44.877
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0201
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel'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 Quidel's market value can be influenced by many factors that don't directly affect Quidel'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 Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel'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.