Trinet Group Stock Pattern Recognition Hikkake Pattern

TNET Stock  USD 93.43  0.53  0.57%   
TriNet pattern recognition tool provides the execution environment for running the Hikkake Pattern recognition and other technical functions against TriNet. TriNet 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. TriNet momentum indicators are usually used to generate trading rules based on assumptions that TriNet 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 six valid pattern recognition events for the selected time horizon. The Hikkake pattern is used for determining TriNet market turning-points and continuations.

TriNet Technical Analysis Modules

Most technical analysis of TriNet 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 TriNet from various momentum indicators to cycle indicators. When you analyze TriNet 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 TriNet 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 TriNet Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of TriNet Group based on widely used predictive technical indicators. In general, we focus on analyzing TriNet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TriNet'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 TriNet's intrinsic value. In addition to deriving basic predictive indicators for TriNet, we also check how macroeconomic factors affect TriNet price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Payout Ratio24.4825.7
Interest Coverage11.739.05
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TriNet'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
90.5693.3796.18
Details
Intrinsic
Valuation
LowRealHigh
84.09105.79108.60
Details
Naive
Forecast
LowNextHigh
86.6589.4692.27
Details
7 Analysts
Consensus
LowTargetHigh
109.43120.25133.48
Details

Become your own money manager

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.

Did you try this?

Run Investing Opportunities Now

   

Investing Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences
All  Next Launch Module

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.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Video Games Idea
Video Games
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 60 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Business Services Idea
Business Services
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
ESG Investing Idea
ESG Investing
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Cash Cows Idea
Cash Cows
Invested few shares

Additional Tools for TriNet Stock Analysis

When running TriNet's price analysis, check to measure TriNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.