Reynolds Consumer Products Stock Pattern Recognition Engulfing Pattern

REYN Stock  USD 22.56  0.66  2.84%   
Reynolds Consumer pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against Reynolds Consumer. Reynolds Consumer 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 Engulfing Pattern recognition function is designed to identify and follow existing trends. Reynolds Consumer momentum indicators are usually used to generate trading rules based on assumptions that Reynolds Consumer trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of two valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes Reynolds Consumer bullish reversal pattern.

Reynolds Consumer Technical Analysis Modules

Most technical analysis of Reynolds Consumer 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 Reynolds from various momentum indicators to cycle indicators. When you analyze Reynolds 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 Reynolds Consumer 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 Reynolds Consumer Products. We use our internally-developed statistical techniques to arrive at the intrinsic value of Reynolds Consumer Products based on widely used predictive technical indicators. In general, we focus on analyzing Reynolds Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Reynolds Consumer'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 Reynolds Consumer's intrinsic value. In addition to deriving basic predictive indicators for Reynolds Consumer, we also check how macroeconomic factors affect Reynolds Consumer price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 2026 (projected)
Dividend Yield0.03410.03390.0237
Price To Sales Ratio1.51.531.98
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reynolds Consumer'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
21.6322.7123.79
Details
Intrinsic
Valuation
LowRealHigh
20.3025.0726.15
Details
Naive
Forecast
LowNextHigh
21.0022.0723.15
Details
8 Analysts
Consensus
LowTargetHigh
24.4426.8629.81
Details

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Reynolds Consumer pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Reynolds Consumer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Reynolds Consumer will appreciate offsetting losses from the drop in the long position's value.

Reynolds Consumer Pair Trading

Reynolds Consumer Products Pair Trading Analysis

The ability to find closely correlated positions to Reynolds Consumer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reynolds Consumer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Reynolds Consumer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Reynolds Consumer Products to buy it.
The correlation of Reynolds Consumer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Reynolds Consumer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reynolds Consumer moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Reynolds Consumer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Reynolds Consumer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reynolds Consumer's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reynolds Consumer Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reynolds Consumer Products Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reynolds Consumer Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Household Products sector continue expanding? Could Reynolds diversify its offerings? Factors like these will boost the valuation of Reynolds Consumer. Anticipated expansion of Reynolds directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Reynolds Consumer data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.92
Earnings Share
1.44
Revenue Per Share
17.631
Quarterly Revenue Growth
0.023
The market value of Reynolds Consumer is measured differently than its book value, which is the value of Reynolds that is recorded on the company's balance sheet. Investors also form their own opinion of Reynolds Consumer's value that differs from its market value or its book value, called intrinsic value, which is Reynolds Consumer's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Reynolds Consumer's market value can be influenced by many factors that don't directly affect Reynolds Consumer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Reynolds Consumer's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Reynolds Consumer should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Reynolds Consumer's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.