solidBus76050

DexCom deeper correction

Short
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2
Let's see into dxcm to IHI (med tech) story
It can teach us not to believe in hype around diabeties devices
Is still great company to own, i think, it is just matter of price

Comments

Thank you for your reply. I can only see one graph.
To measure somthing you need to put one graph in front of another so you will see the difference.
Pardon my ignorance can you please explain how this one graph compression works.
Reply
@akatsiya, it just normalization to the market: it tells how much one goes faster after another. If stock goes "faster" you see uptrend, if "slower" - downtrend. You see horizontal line when stock investement gives you same as market
if you use 2 graphs on same page, it more like u sustract one from another and get absolute gain. When you divide you tell it is "relative" gain.
Hope it helps
Reply
akatsiya solidBus76050
@solidBus76050,
you draw support and resistance lines for the ratio
can you do this?

too many things that can affect the ratio. each of the IHI stocks can affect it, DXCM price can affect it

so than you chart shows 200% what does it mean ? does it mean that DXCM is 200% ahead of IHI?
THANK YOU
Reply
what is this chart for please? ihi is an etf fund not a single stock.

ihi chart looks different. why 2 different names are on the chart IHI and dxcm?
Reply
@akatsiya, IHI is med tech etf, dexcom is med tech stock (from IHI holdings), I am measuring performance of dexcom compared with whole industry
Reply
Nice ... was looking at the 100ma and 200ma merging .thoughts ? death cross?
Reply
solidBus76050 ContraryTrader
@ContraryTrader, maybe, but I don't understand how death cross helps you with good entry levels ) channels more accurate i guess
Reply
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