Onto Innovation Stock Pattern Recognition Takuri Dragonfly Doji with very long lower shadow

ONTO Stock  USD 88.50  38.31  30.21%   
Onto Innovation pattern recognition tool provides the execution environment for running the Takuri Dragonfly Doji with very long lower shadow recognition and other technical functions against Onto Innovation. Onto Innovation 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 Takuri Dragonfly Doji with very long lower shadow recognition function is designed to identify and follow existing trends. Onto Innovation momentum indicators are usually used to generate trading rules based on assumptions that Onto Innovation 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. Takuri (The Dragonfly Doji pattern signals indecision among Onto Innovation traders. The Dragonfly Doji with very long lower shadow pattern indicates that Onto Innovation direction of the trend may be nearing a major turning point.)

Onto Innovation Technical Analysis Modules

Most technical analysis of Onto Innovation 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 Onto from various momentum indicators to cycle indicators. When you analyze Onto 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 Onto Innovation 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 Onto Innovation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Onto Innovation based on widely used predictive technical indicators. In general, we focus on analyzing Onto Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Onto Innovation'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 Onto Innovation's intrinsic value. In addition to deriving basic predictive indicators for Onto Innovation, we also check how macroeconomic factors affect Onto Innovation price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2022 2023 2025 (projected)
Days Sales Outstanding147.5587.65113.92107.99
PTB Ratio0.862.114.371.55
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Onto Innovation'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
81.8088.1294.44
Details
Intrinsic
Valuation
LowRealHigh
79.65114.11120.43
Details
Naive
Forecast
LowNextHigh
80.5086.8293.14
Details
9 Analysts
Consensus
LowTargetHigh
176.96194.47215.86
Details

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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.
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When determining whether Onto Innovation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onto Innovation'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 Onto Innovation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onto Innovation Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. 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 Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Semiconductors & Semiconductor 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 Onto Innovation. If investors know Onto 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 Onto Innovation 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
0.383
Earnings Share
4.42
Revenue Per Share
20.78
Quarterly Revenue Growth
0.165
Return On Assets
0.0646
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation'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 Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation'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 Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation'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.