Franklin Electric Stock Forecast - Price Action Indicator

FELE Stock  USD 106.64  1.81  1.73%   
Franklin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Franklin Electric stock prices and determine the direction of Franklin Electric Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Franklin Electric's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Franklin Electric's Payables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 11.80, whereas Fixed Asset Turnover is forecasted to decline to 6.42. . The current year's Net Income Applicable To Common Shares is expected to grow to about 226.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 38.5 M.
Franklin Electric Co has current Price Action Indicator of 1.68. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Franklin Electric Trading Date Momentum

On November 21 2024 Franklin Electric Co was traded for  106.64  at the closing time. The top price for the day was 106.84  and the lowest listed price was  104.89 . The trading volume for the day was 123 K. The trading history from November 21, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.58% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Franklin Electric

For every potential investor in Franklin, whether a beginner or expert, Franklin Electric's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Franklin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Franklin. Basic forecasting techniques help filter out the noise by identifying Franklin Electric's price trends.

Franklin Electric Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Franklin Electric stock to make a market-neutral strategy. Peer analysis of Franklin Electric could also be used in its relative valuation, which is a method of valuing Franklin Electric by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Franklin Electric Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Franklin Electric's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Franklin Electric's current price.

Franklin Electric Market Strength Events

Market strength indicators help investors to evaluate how Franklin Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Electric shares will generate the highest return on investment. By undertsting and applying Franklin Electric stock market strength indicators, traders can identify Franklin Electric Co entry and exit signals to maximize returns.

Franklin Electric Risk Indicators

The analysis of Franklin Electric's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Franklin Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting franklin stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric'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 Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Franklin Electric to cross-verify your projections.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Industrial Machinery & Supplies & Components 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 Franklin Electric. If investors know Franklin 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 Franklin Electric 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
(0.05)
Dividend Share
0.975
Earnings Share
3.96
Revenue Per Share
43.688
Quarterly Revenue Growth
(0.01)
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.