Angi Homeservices Stock Technical Analysis

ANGI Stock  USD 2.04  0.02  0.99%   
As of the 23rd of April, ANGI Homeservices shows the Risk Adjusted Performance of 0.0023, standard deviation of 3.83, and Mean Deviation of 2.63. ANGI Homeservices 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for ANGI Homeservices, which can be compared to its peers. Please confirm ANGI Homeservices mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if ANGI Homeservices is priced adequately, providing market reflects its regular price of 2.04 per share. Please also double-check ANGI Homeservices jensen alpha, which is currently at (0.26) to validate the company can sustain itself in the future.

ANGI Homeservices Momentum Analysis

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

ANGI Homeservices Analyst Consensus

Target PriceAdvice# of Analysts
4.38Strong Buy9Odds
ANGI Homeservices current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ANGI 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 ANGI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ANGI Homeservices, talking to its executives and customers, or listening to ANGI conference calls.
ANGI Analyst Advice Details
ANGI Homeservices 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 ANGI Homeservices technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ANGI Homeservices 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...

ANGI Homeservices Technical Analysis

Indicator
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Execute Indicator
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 ANGI Homeservices volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ANGI Homeservices Trend Analysis

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

ANGI Homeservices Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ANGI Homeservices applied against its price change over selected period. The best fit line has a slop of   0.0078  , which may suggest that ANGI Homeservices market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.32, which is the sum of squared deviations for the predicted ANGI Homeservices price change compared to its average price change.

About ANGI Homeservices 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 ANGI Homeservices 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 ANGI Homeservices based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ANGI Homeservices price pattern first instead of the macroeconomic environment surrounding ANGI Homeservices. By analyzing ANGI Homeservices'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 ANGI Homeservices'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 ANGI Homeservices specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.002390.00227
Price To Sales Ratio0.930.88

ANGI Homeservices April 23, 2024 Technical Indicators

Most technical analysis of ANGI 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 ANGI from various momentum indicators to cycle indicators. When you analyze ANGI 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.
When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGI Homeservices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.
Note that the ANGI Homeservices information on this page should be used as a complementary analysis to other ANGI Homeservices' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running ANGI Homeservices' price analysis, check to measure ANGI Homeservices' 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 ANGI Homeservices is operating at the current time. Most of ANGI Homeservices' value examination focuses on studying past and present price action to predict the probability of ANGI Homeservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ANGI Homeservices' price. Additionally, you may evaluate how the addition of ANGI Homeservices to your portfolios can decrease your overall portfolio volatility.
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Is ANGI Homeservices' industry 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 ANGI Homeservices. If investors know ANGI 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 ANGI Homeservices 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
(0.75)
Earnings Share
(0.06)
Revenue Per Share
2.686
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.01)
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGI Homeservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.