Broadwind Energy Stock Technical Analysis
| BWEN Stock | USD 1.55 0.03 1.90% |
As of the 22nd of November, Broadwind Energy shows the Mean Deviation of 2.54, standard deviation of 3.45, and Risk Adjusted Performance of (0.08). Broadwind Energy 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.
Broadwind Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Broadwind, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BroadwindBroadwind |
Broadwind Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.75 | Strong Buy | 4 | Odds |
Most Broadwind 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 Broadwind stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Broadwind Energy, talking to its executives and customers, or listening to Broadwind conference calls.
Broadwind Energy 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.
Broadwind Energy Technical Analysis
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 Broadwind Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Broadwind Energy Trend Analysis
Use this graph to draw trend lines for Broadwind Energy. You can use it to identify possible trend reversals for Broadwind Energy 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 Broadwind Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Broadwind Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Broadwind Energy applied against its price change over selected period. The best fit line has a slop of 0.0091 , which may suggest that Broadwind Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.12, which is the sum of squared deviations for the predicted Broadwind Energy price change compared to its average price change.About Broadwind Energy 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 Broadwind Energy 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 Broadwind Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Broadwind Energy price pattern first instead of the macroeconomic environment surrounding Broadwind Energy. By analyzing Broadwind Energy'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 Broadwind Energy'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 Broadwind Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.51 | 6.32 | 8.25 | 6.82 | Days Of Inventory On Hand | 86.95 | 97.29 | 79.86 | 50.26 |
Broadwind Energy November 22, 2024 Technical Indicators
Most technical analysis of Broadwind 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 Broadwind from various momentum indicators to cycle indicators. When you analyze Broadwind 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (1.94) | |||
| Mean Deviation | 2.54 | |||
| Coefficient Of Variation | (879.10) | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.93 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (1.95) | |||
| Maximum Drawdown | 23.06 | |||
| Value At Risk | (5.15) | |||
| Potential Upside | 4.37 | |||
| Skewness | 0.1501 | |||
| Kurtosis | 2.5 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Heavy Electrical 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 Broadwind Energy. If investors know Broadwind 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 Broadwind Energy 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 16.667 | Earnings Share 0.14 | Revenue Per Share 8.255 | Quarterly Revenue Growth (0.35) | Return On Assets 0.0491 |
The market value of Broadwind Energy is measured differently than its book value, which is the value of Broadwind that is recorded on the company's balance sheet. Investors also form their own opinion of Broadwind Energy's value that differs from its market value or its book value, called intrinsic value, which is Broadwind Energy'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 Broadwind Energy's market value can be influenced by many factors that don't directly affect Broadwind Energy'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 Broadwind Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadwind Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadwind Energy'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.