Blue Bird Corp Stock Technical Analysis

BLBD Stock  USD 42.83  1.65  4.01%   
As of the 26th of November, Blue Bird shows the Risk Adjusted Performance of (0.03), standard deviation of 2.97, and Mean Deviation of 2.28. Blue Bird Corp 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. Please confirm Blue Bird Corp coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Blue Bird Corp is priced correctly, providing market reflects its regular price of 42.83 per share. Given that Blue Bird has information ratio of (0.09), we suggest you to validate Blue Bird Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Blue Bird Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Blue, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Blue
  
Blue Bird's 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.

Blue Bird Analyst Consensus

Target PriceAdvice# of Analysts
27.58Strong Buy7Odds
Blue Bird Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Blue 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 Blue stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Blue Bird Corp, talking to its executives and customers, or listening to Blue conference calls.
Blue Analyst Advice Details
Blue Bird 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 Blue Bird technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blue Bird 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...

Blue Bird Corp Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Blue Bird Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Blue Bird Corp Trend Analysis

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

Blue Bird Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Blue Bird Corp applied against its price change over selected period. The best fit line has a slop of   0.2  , which may suggest that Blue Bird Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1499.76, which is the sum of squared deviations for the predicted Blue Bird price change compared to its average price change.

About Blue Bird 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 Blue Bird Corp 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 Blue Bird Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Blue Bird Corp price pattern first instead of the macroeconomic environment surrounding Blue Bird Corp. By analyzing Blue Bird'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 Blue Bird'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 Blue Bird specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2014 2016 2024 (projected)
Dividend Yield6.770.0027048.17
Price To Sales Ratio0.03920.320.0372

Blue Bird November 26, 2024 Technical Indicators

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

Blue Bird November 26, 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 Blue 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.

Complementary Tools for Blue Stock analysis

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