Alamo Group Stock Pattern Recognition Modified Hikkake Pattern

ALG Stock  USD 199.95  2.06  1.04%   
Alamo pattern recognition tool provides the execution environment for running the Modified Hikkake Pattern recognition and other technical functions against Alamo. Alamo 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 Modified Hikkake Pattern recognition function is designed to identify and follow existing trends. Alamo momentum indicators are usually used to generate trading rules based on assumptions that Alamo trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of one valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of Alamo Group market turning-points.

Alamo Technical Analysis Modules

Most technical analysis of Alamo 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 Alamo from various momentum indicators to cycle indicators. When you analyze Alamo 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 Alamo 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 Alamo Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alamo Group based on widely used predictive technical indicators. In general, we focus on analyzing Alamo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alamo'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 Alamo's intrinsic value. In addition to deriving basic predictive indicators for Alamo, we also check how macroeconomic factors affect Alamo 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 Yield0.0038040.0050830.0041850.003976
Price To Sales Ratio1.311.111.481.56
Hype
Prediction
LowEstimatedHigh
195.75197.82199.89
Details
Intrinsic
Valuation
LowRealHigh
195.68197.75199.82
Details
4 Analysts
Consensus
LowTargetHigh
197.83217.40241.31
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.382.402.44
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alamo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alamo's short interest history, or implied volatility extrapolated from Alamo options trading.

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
Warren Buffett Holdings
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 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
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares
When determining whether Alamo Group is a strong investment it is important to analyze Alamo'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 Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Construction Machinery & Heavy Transportation 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 Alamo. If investors know Alamo 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 Alamo 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
(0.22)
Dividend Share
1
Earnings Share
9.93
Revenue Per Share
138.895
Quarterly Revenue Growth
(0.04)
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.