Redfin Corp Stock Pattern Recognition Upside Gap Two Crows

RDFN Stock  USD 9.16  1.00  12.25%   
Redfin Corp pattern recognition tool provides the execution environment for running the Upside Gap Two Crows recognition and other technical functions against Redfin Corp. Redfin Corp 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 Upside Gap Two Crows recognition function is designed to identify and follow existing trends. Redfin Corp momentum indicators are usually used to generate trading rules based on assumptions that Redfin Corp 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 twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. The Upside Gap Two Crows pattern suggests that Redfin Corp investor sentiment is turning from bullish to bearish.

Redfin Corp Technical Analysis Modules

Most technical analysis of Redfin Corp 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 Redfin from various momentum indicators to cycle indicators. When you analyze Redfin 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 Redfin Corp 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 Redfin Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Redfin Corp based on widely used predictive technical indicators. In general, we focus on analyzing Redfin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Redfin Corp'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 Redfin Corp's intrinsic value. In addition to deriving basic predictive indicators for Redfin Corp, we also check how macroeconomic factors affect Redfin Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.0015710.00165
Price To Sales Ratio1.21.14
Hype
Prediction
LowEstimatedHigh
3.209.1115.02
Details
Intrinsic
Valuation
LowRealHigh
2.648.5514.46
Details
Naive
Forecast
LowNextHigh
1.127.0212.93
Details
17 Analysts
Consensus
LowTargetHigh
7.788.559.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Redfin Corp. Your research has to be compared to or analyzed against Redfin Corp's peers to derive any actionable benefits. When done correctly, Redfin Corp'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 Redfin Corp.

Align your values with your investing style

In addition to having Redfin Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Momentum Idea
Momentum
Invested over 40 shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
When determining whether Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp'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 Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin 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 census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Real Estate Management & Development 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 Redfin Corp. If investors know Redfin 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 Redfin Corp 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
3.286
Earnings Share
(1.27)
Revenue Per Share
8.511
Quarterly Revenue Growth
0.034
Return On Assets
(0.09)
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp'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 Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp'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 Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp'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.