Construction Partners Stock Pattern Recognition Hikkake Pattern

ROAD Stock  USD 101.14  1.62  1.63%   
Construction Partners pattern recognition tool provides the execution environment for running the Hikkake Pattern recognition and other technical functions against Construction Partners. Construction Partners 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 Hikkake Pattern recognition function is designed to identify and follow existing trends. Construction Partners momentum indicators are usually used to generate trading rules based on assumptions that Construction Partners trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was five with a total number of output elements of fifty-six. The function generated a total of one valid pattern recognition events for the selected time horizon. The Hikkake pattern is used for determining Construction Partners market turning-points and continuations.

Construction Partners Technical Analysis Modules

Most technical analysis of Construction Partners 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 Construction from various momentum indicators to cycle indicators. When you analyze Construction 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 Construction Partners 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 Construction Partners. We use our internally-developed statistical techniques to arrive at the intrinsic value of Construction Partners based on widely used predictive technical indicators. In general, we focus on analyzing Construction Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Construction Partners'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 Construction Partners's intrinsic value. In addition to deriving basic predictive indicators for Construction Partners, we also check how macroeconomic factors affect Construction Partners price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.04680.0504
Price To Sales Ratio1.991.01
Hype
Prediction
LowEstimatedHigh
99.77103.02106.27
Details
Intrinsic
Valuation
LowRealHigh
71.6074.85111.25
Details
4 Analysts
Consensus
LowTargetHigh
38.9042.7547.45
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.060.210.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Construction Partners. Your research has to be compared to or analyzed against Construction Partners' peers to derive any actionable benefits. When done correctly, Construction Partners' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Construction Partners.

Align your values with your investing style

In addition to having Construction Partners in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
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Corona Opportunity Idea
Corona Opportunity
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Momentum Idea
Momentum
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Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Business Services Idea
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Power Assets Idea
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Driverless Cars Idea
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When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' 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 Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Construction & Engineering 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 Construction Partners. If investors know Construction 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 Construction Partners 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
0.439
Earnings Share
1.31
Revenue Per Share
33.93
Quarterly Revenue Growth
0.227
Return On Assets
0.0552
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' 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 Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' 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 Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' 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.