Exela Technologies Stock Technical Analysis

XELA Stock  USD 2.34  0.01  0.43%   
As of the 17th of April 2024, Exela Technologies shows the Standard Deviation of 6.4, mean deviation of 4.34, and Variance of 40.99. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Exela Technologies, as well as the relationship between them. 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 break down and interpolate thirteen technical drivers for Exela Technologies, which can be compared to its peers. Please confirm Exela Technologies standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Exela Technologies is priced favorably, providing market reflects its regular price of 2.34 per share. Please also check Exela Technologies jensen alpha, which is currently at (0.12) to verify the company can sustain itself at a future point.

Exela Technologies Momentum Analysis

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

Exela Technologies Analyst Consensus

Target PriceAdvice# of Analysts
2.0Hold1Odds
Exela Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Exela 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 Exela stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Exela Technologies, talking to its executives and customers, or listening to Exela conference calls.
Exela Analyst Advice Details
Exela Technologies 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 Exela Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Exela Technologies 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...

Exela Technologies Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. 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 Exela Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Exela Technologies Trend Analysis

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

Exela Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Exela Technologies applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Exela Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.41, which is the sum of squared deviations for the predicted Exela Technologies price change compared to its average price change.

About Exela Technologies 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 Exela Technologies 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 Exela Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Exela Technologies price pattern first instead of the macroeconomic environment surrounding Exela Technologies. By analyzing Exela Technologies'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 Exela Technologies'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 Exela Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.450.47
Price To Sales Ratio0.01890.0179

Exela Technologies April 17, 2024 Technical Indicators

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

Exela Technologies April 17, 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 Exela 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.
When determining whether Exela Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Exela Technologies' 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 Exela Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Exela Technologies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exela Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Exela Stock refer to our How to Trade Exela Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Exela Stock analysis

When running Exela Technologies' price analysis, check to measure Exela Technologies' 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 Exela Technologies is operating at the current time. Most of Exela Technologies' value examination focuses on studying past and present price action to predict the probability of Exela Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exela Technologies' price. Additionally, you may evaluate how the addition of Exela Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Exela Technologies' 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 Exela Technologies. If investors know Exela 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 Exela Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(22.37)
Revenue Per Share
177.843
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0021
The market value of Exela Technologies is measured differently than its book value, which is the value of Exela that is recorded on the company's balance sheet. Investors also form their own opinion of Exela Technologies' value that differs from its market value or its book value, called intrinsic value, which is Exela Technologies' 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 Exela Technologies' market value can be influenced by many factors that don't directly affect Exela Technologies' 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 Exela Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exela Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exela Technologies' 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.