Allegheny Technologies Incorporated Stock Technical Analysis
| ATI Stock | USD 58.16 0.14 0.24% |
As of the 22nd of November, Allegheny Technologies shows the Risk Adjusted Performance of (0.03), standard deviation of 2.37, and Mean Deviation of 1.58. Allegheny Technologies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Allegheny Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Allegheny, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlleghenyAllegheny |
Allegheny Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 50.5 | Strong Buy | 11 | Odds |
Most Allegheny analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Allegheny stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Allegheny Technologies, talking to its executives and customers, or listening to Allegheny conference calls.
Allegheny Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Allegheny Technologies Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Allegheny Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Allegheny Technologies Trend Analysis
Use this graph to draw trend lines for Allegheny Technologies Incorporated. You can use it to identify possible trend reversals for Allegheny Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Allegheny Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Allegheny Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Allegheny Technologies Incorporated applied against its price change over selected period. The best fit line has a slop of 0.11 , which may imply that the returns on investment in Allegheny Technologies Incorporated will continue to fail. It has 122 observation points and a regression sum of squares at 476.43, which is the sum of squared deviations for the predicted Allegheny Technologies price change compared to its average price change.About Allegheny Technologies Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Allegheny Technologies Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Allegheny Technologies Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Allegheny Technologies price pattern first instead of the macroeconomic environment surrounding Allegheny Technologies. By analyzing Allegheny Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Allegheny Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Allegheny Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0103 | 0.009757 | Price To Sales Ratio | 1.4 | 1.47 |
Allegheny Technologies November 22, 2024 Technical Indicators
Most technical analysis of Allegheny 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 Allegheny from various momentum indicators to cycle indicators. When you analyze Allegheny charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 1.58 | |||
| Coefficient Of Variation | (2,230) | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.63 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 13.98 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 3.11 | |||
| Skewness | (0.81) | |||
| Kurtosis | 5.44 |
Allegheny Technologies November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Allegheny stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 28,610 | ||
| Daily Balance Of Power | 0.10 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 58.48 | ||
| Day Typical Price | 58.37 | ||
| Price Action Indicator | (0.25) |
Complementary Tools for Allegheny Stock analysis
When running Allegheny Technologies' price analysis, check to measure Allegheny Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegheny Technologies is operating at the current time. Most of Allegheny Technologies' value examination focuses on studying past and present price action to predict the probability of Allegheny Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegheny Technologies' price. Additionally, you may evaluate how the addition of Allegheny Technologies to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |