Suburban Propane Partners Stock Technical Analysis

SPH Stock  USD 19.35  0.39  2.06%   
As of the 28th of November, Suburban Propane has the Risk Adjusted Performance of 0.0837, coefficient of variation of 979.02, and Semi Deviation of 1.68. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Suburban Propane Partners, as well as the relationship between them.

Suburban Propane Momentum Analysis

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

Suburban Propane Analyst Consensus

Target PriceAdvice# of Analysts
16.5Hold3Odds
Suburban Propane Partners current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Suburban 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 Suburban stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Suburban Propane Partners, talking to its executives and customers, or listening to Suburban conference calls.
Suburban Analyst Advice Details
Suburban Propane 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 Suburban Propane technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Suburban Propane 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...

Suburban Propane Partners Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Suburban Propane Partners volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Suburban Propane Partners Trend Analysis

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

Suburban Propane Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Suburban Propane Partners applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Suburban Propane Partners will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 22.16, which is the sum of squared deviations for the predicted Suburban Propane price change compared to its average price change.

About Suburban Propane 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 Suburban Propane Partners 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 Suburban Propane Partners based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Suburban Propane Partners price pattern first instead of the macroeconomic environment surrounding Suburban Propane Partners. By analyzing Suburban Propane'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 Suburban Propane'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 Suburban Propane specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2016 2022 2023 2024 (projected)
Dividend Yield0.08160.08040.09250.17
Price To Sales Ratio0.670.720.650.82

Suburban Propane November 28, 2024 Technical Indicators

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

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