Heritage Commerce Corp Stock Pattern Recognition Modified Hikkake Pattern

HTBK Stock  USD 10.91  0.20  1.87%   
Heritage Commerce pattern recognition tool provides the execution environment for running the Modified Hikkake Pattern recognition and other technical functions against Heritage Commerce. Heritage Commerce 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. Heritage Commerce momentum indicators are usually used to generate trading rules based on assumptions that Heritage Commerce 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 ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of Heritage Commerce Corp market turning-points.

Heritage Commerce Technical Analysis Modules

Most technical analysis of Heritage Commerce 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 Heritage from various momentum indicators to cycle indicators. When you analyze Heritage 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 Heritage Commerce 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 Heritage Commerce Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Heritage Commerce Corp based on widely used predictive technical indicators. In general, we focus on analyzing Heritage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Heritage Commerce'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 Heritage Commerce's intrinsic value. In addition to deriving basic predictive indicators for Heritage Commerce, we also check how macroeconomic factors affect Heritage Commerce 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 Yield0.04360.040.05240.055
Price To Sales Ratio4.614.153.164.98
Hype
Prediction
LowEstimatedHigh
8.6110.9013.19
Details
Intrinsic
Valuation
LowRealHigh
8.5010.7913.08
Details
Naive
Forecast
LowNextHigh
8.3110.6012.89
Details
6 Analysts
Consensus
LowTargetHigh
10.0811.0812.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Heritage Commerce. Your research has to be compared to or analyzed against Heritage Commerce's peers to derive any actionable benefits. When done correctly, Heritage Commerce's 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 Heritage Commerce Corp.

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 USA ETFs Now

   

USA ETFs

Find actively traded Exchange Traded Funds (ETF) in USA
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.
Casinos Idea
Casinos
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Impulse Idea
Impulse
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
When determining whether Heritage Commerce Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Heritage Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Heritage Commerce Corp Stock. Highlighted below are key reports to facilitate an investment decision about Heritage Commerce Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. 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 labor statistics.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Regional Banks 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 Heritage Commerce. If investors know Heritage 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 Heritage Commerce 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
(0.34)
Dividend Share
0.52
Earnings Share
0.71
Revenue Per Share
2.763
Quarterly Revenue Growth
(0.11)
The market value of Heritage Commerce Corp is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce'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 Heritage Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce'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 Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.