Algonquin Power Utilities Stock Pattern Recognition Harami Pattern

AQN Stock  USD 4.88  0.12  2.52%   
Algonquin Power pattern recognition tool provides the execution environment for running the Harami Pattern recognition and other technical functions against Algonquin Power. Algonquin Power 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 Pattern recognition function is designed to identify and follow existing trends. Algonquin Power momentum indicators are usually used to generate trading rules based on assumptions that Algonquin Power 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 three valid pattern recognition events for the selected time horizon. The Harami pattern describes bullish reversal trend for Algonquin Power.

Algonquin Power Technical Analysis Modules

Most technical analysis of Algonquin Power 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 Algonquin from various momentum indicators to cycle indicators. When you analyze Algonquin 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 Algonquin Power 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 Algonquin Power Utilities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Algonquin Power Utilities based on widely used predictive technical indicators. In general, we focus on analyzing Algonquin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Algonquin Power'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 Algonquin Power's intrinsic value. In addition to deriving basic predictive indicators for Algonquin Power, we also check how macroeconomic factors affect Algonquin Power price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03520.09460.0540.0806
Price To Sales Ratio3.931.482.272.16
Hype
Prediction
LowEstimatedHigh
3.494.896.29
Details
Intrinsic
Valuation
LowRealHigh
4.385.787.18
Details
Naive
Forecast
LowNextHigh
3.494.896.30
Details
10 Analysts
Consensus
LowTargetHigh
7.618.369.28
Details

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When determining whether Algonquin Power Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algonquin Power'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 Algonquin Power Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Algonquin Power Utilities Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Multi-Utilities 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 Algonquin Power. If investors know Algonquin 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 Algonquin Power 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
1.998
Dividend Share
0.391
Earnings Share
0.55
Revenue Per Share
3.671
Quarterly Revenue Growth
0.015
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power'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 Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power'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 Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power'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.