Inogen Inc Stock Technical Analysis

INGN Stock  USD 6.95  0.02  0.29%   
As of the 18th of April 2024, Inogen retains the Downside Deviation of 7.57, risk adjusted performance of 0.0529, and Market Risk Adjusted Performance of 0.1285. Inogen technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Inogen Inc, which can be compared to its competitors. Please check out Inogen Inc standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Inogen is priced fairly, providing market reflects its last-minute price of 6.95 per share. Given that Inogen Inc has jensen alpha of 0.2911, we strongly advise you to confirm Inogen Inc's regular market performance to make sure the company can sustain itself at a future point.

Inogen Momentum Analysis

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

Inogen Analyst Consensus

Target PriceAdvice# of Analysts
8.0Buy4Odds
Inogen Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Inogen 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 Inogen stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Inogen Inc, talking to its executives and customers, or listening to Inogen conference calls.
Inogen Analyst Advice Details
Inogen 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 Inogen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Inogen 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...

Inogen Inc Technical Analysis

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

Inogen Inc Trend Analysis

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

Inogen Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Inogen Inc applied against its price change over selected period. The best fit line has a slop of   0.0015  , which may suggest that Inogen Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Inogen price change compared to its average price change.

About Inogen 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 Inogen Inc 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 Inogen Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Inogen Inc price pattern first instead of the macroeconomic environment surrounding Inogen Inc. By analyzing Inogen'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 Inogen'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 Inogen specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding26.362.2649.6253.57
PTB Ratio2.071.510.620.59

Inogen April 18, 2024 Technical Indicators

Most technical analysis of Inogen 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 Inogen from various momentum indicators to cycle indicators. When you analyze Inogen 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 Inogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inogen's 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 Inogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inogen Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inogen Inc. 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.
Note that the Inogen Inc information on this page should be used as a complementary analysis to other Inogen's 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Inogen Stock analysis

When running Inogen's price analysis, check to measure Inogen'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 Inogen is operating at the current time. Most of Inogen's value examination focuses on studying past and present price action to predict the probability of Inogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inogen's price. Additionally, you may evaluate how the addition of Inogen to your portfolios can decrease your overall portfolio volatility.
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Is Inogen's 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 Inogen. If investors know Inogen 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 Inogen 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
0.873
Earnings Share
(4.42)
Revenue Per Share
13.62
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.11)
The market value of Inogen Inc is measured differently than its book value, which is the value of Inogen that is recorded on the company's balance sheet. Investors also form their own opinion of Inogen's value that differs from its market value or its book value, called intrinsic value, which is Inogen'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 Inogen's market value can be influenced by many factors that don't directly affect Inogen'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 Inogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inogen'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.