Icon Energy Corp Stock Pattern Recognition Spinning Top

ICON Stock  USD 2.78  0.61  28.11%   
Icon Energy pattern recognition tool provides the execution environment for running the Spinning Top recognition and other technical functions against Icon Energy. Icon Energy 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 Spinning Top recognition function is designed to identify and follow existing trends. Icon Energy momentum indicators are usually used to generate trading rules based on assumptions that Icon Energy 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 ten valid pattern recognition events for the selected time horizon. The Spinning Top pattern Reversal/Continuation pattern describes Icon Energy Corp neutral movement and is used to signal indecision about the future direction of Icon Energy.

Icon Energy Technical Analysis Modules

Most technical analysis of Icon Energy 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 Icon from various momentum indicators to cycle indicators. When you analyze Icon 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 Icon Energy 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 Icon Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icon Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing Icon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Icon Energy'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 Icon Energy's intrinsic value. In addition to deriving basic predictive indicators for Icon Energy, we also check how macroeconomic factors affect Icon Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.680.730.46
Price To Sales Ratio0.541.020.97
Hype
Prediction
LowEstimatedHigh
0.112.176.41
Details
Intrinsic
Valuation
LowRealHigh
0.091.846.08
Details
Naive
Forecast
LowNextHigh
0.042.126.36
Details
1 Analysts
Consensus
LowTargetHigh
6.377.007.77
Details

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When determining whether Icon Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Icon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icon Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icon Energy Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icon Energy 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 persons.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Ground Transportation 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 Icon Energy. If investors know Icon 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 Icon Energy 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
0.326
Earnings Share
0.95
Revenue Per Share
24.43
Quarterly Revenue Growth
0.178
The market value of Icon Energy Corp is measured differently than its book value, which is the value of Icon that is recorded on the company's balance sheet. Investors also form their own opinion of Icon Energy's value that differs from its market value or its book value, called intrinsic value, which is Icon Energy'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 Icon Energy's market value can be influenced by many factors that don't directly affect Icon Energy'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 Icon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icon Energy'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.