Ess Tech Stock Pattern Recognition Harami Cross Pattern

GWH Stock  USD 5.85  0.15  2.50%   
ESS Tech pattern recognition tool provides the execution environment for running the Harami Cross Pattern recognition and other technical functions against ESS Tech. ESS Tech 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 Harami Cross Pattern recognition function is designed to identify and follow existing trends. ESS Tech momentum indicators are usually used to generate trading rules based on assumptions that ESS Tech trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The Harami Cross pattern describes ESS Tech bullish reversal trend.

ESS Tech Technical Analysis Modules

Most technical analysis of ESS Tech 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 ESS from various momentum indicators to cycle indicators. When you analyze ESS 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 ESS Tech 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 ESS Tech. We use our internally-developed statistical techniques to arrive at the intrinsic value of ESS Tech based on widely used predictive technical indicators. In general, we focus on analyzing ESS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ESS Tech'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 ESS Tech's intrinsic value. In addition to deriving basic predictive indicators for ESS Tech, we also check how macroeconomic factors affect ESS Tech price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Payables Turnover0.887.447.81
Days Of Inventory On Hand166.6359.9556.95
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ESS Tech'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
0.306.0213.81
Details
Intrinsic
Valuation
LowRealHigh
0.214.1311.92
Details
6 Analysts
Consensus
LowTargetHigh
2.422.662.95
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-1.74-1.67-1.59
Details

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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When determining whether ESS Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESS Tech'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 Ess Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ess Tech Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ESS Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Electrical Components & Equipment 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 ESS Tech. If investors know ESS 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 ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.62)
Revenue Per Share
0.654
Quarterly Revenue Growth
(0.88)
Return On Assets
(0.42)
Return On Equity
(0.88)
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech'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 ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech'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 ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech'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.