Healthstream Stock Pattern Recognition Inverted Hammer

HSTM Stock  USD 33.10  0.07  0.21%   
HealthStream pattern recognition tool provides the execution environment for running the Inverted Hammer recognition and other technical functions against HealthStream. HealthStream 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 Inverted Hammer recognition function is designed to identify and follow existing trends. HealthStream momentum indicators are usually used to generate trading rules based on assumptions that HealthStream trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Inverted Hammer pattern indicates that the buyers drove prices of HealthStream up, at some point during the period, but encountered selling pressure which drove prices back down to close near to where they opened.

HealthStream Technical Analysis Modules

Most technical analysis of HealthStream 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 HealthStream from various momentum indicators to cycle indicators. When you analyze HealthStream 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 HealthStream 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 HealthStream. We use our internally-developed statistical techniques to arrive at the intrinsic value of HealthStream based on widely used predictive technical indicators. In general, we focus on analyzing HealthStream Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HealthStream'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 HealthStream's intrinsic value. In addition to deriving basic predictive indicators for HealthStream, we also check how macroeconomic factors affect HealthStream price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Dividend Yield2.3E-50.0042560.004043
Price To Sales Ratio3.242.963.75
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HealthStream'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
31.3533.0434.73
Details
Intrinsic
Valuation
LowRealHigh
29.7931.4833.17
Details
7 Analysts
Consensus
LowTargetHigh
26.3929.0032.19
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.150.160.18
Details

Be 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.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether HealthStream is a strong investment it is important to analyze HealthStream's 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 HealthStream's future performance. For an informed investment choice regarding HealthStream Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HealthStream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in HealthStream Stock, please use our How to Invest in HealthStream guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Health Care Technology 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 HealthStream. If investors know HealthStream 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 HealthStream 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
0.494
Dividend Share
0.109
Earnings Share
0.65
Revenue Per Share
9.485
Quarterly Revenue Growth
0.039
The market value of HealthStream is measured differently than its book value, which is the value of HealthStream that is recorded on the company's balance sheet. Investors also form their own opinion of HealthStream's value that differs from its market value or its book value, called intrinsic value, which is HealthStream'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 HealthStream's market value can be influenced by many factors that don't directly affect HealthStream'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 HealthStream's value and its price as these two are different measures arrived at by different means. Investors typically determine if HealthStream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HealthStream'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.