Black Hills Stock Technical Analysis

BKH Stock  USD 63.29  0.86  1.38%   
As of the 22nd of November, Black Hills shows the risk adjusted performance of 0.1194, and Mean Deviation of 0.8497. Black Hills 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.

Black Hills Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Black, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Black
  
Black Hills' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Black Hills Analyst Consensus

Target PriceAdvice# of Analysts
61.0Buy6Odds
Black Hills current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Black 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 Black stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Black Hills, talking to its executives and customers, or listening to Black conference calls.
Black Analyst Advice Details
Black Hills 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.
A focus of Black Hills technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Black Hills trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Black Hills Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Black Hills volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Black Hills Trend Analysis

Use this graph to draw trend lines for Black Hills. You can use it to identify possible trend reversals for Black Hills 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 Black Hills price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Black Hills Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Black Hills applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that Black Hills will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 52.59, which is the sum of squared deviations for the predicted Black Hills price change compared to its average price change.

About Black Hills 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 Black Hills 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 Black Hills based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Black Hills price pattern first instead of the macroeconomic environment surrounding Black Hills. By analyzing Black Hills'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 Black Hills'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 Black Hills specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03250.03430.04650.0421
Price To Sales Ratio10.789.951.551.66

Black Hills November 22, 2024 Technical Indicators

Most technical analysis of Black 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 Black from various momentum indicators to cycle indicators. When you analyze Black 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.

Complementary Tools for Black Stock analysis

When running Black Hills' price analysis, check to measure Black Hills' 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 Black Hills is operating at the current time. Most of Black Hills' value examination focuses on studying past and present price action to predict the probability of Black Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Hills' price. Additionally, you may evaluate how the addition of Black Hills to your portfolios can decrease your overall portfolio volatility.
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