Concentrix Stock Pattern Recognition Ladder Bottom

CNXC Stock  USD 61.33  0.33  0.54%   
Concentrix pattern recognition tool provides the execution environment for running the Ladder Bottom recognition and other technical functions against Concentrix. Concentrix value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Ladder Bottom recognition function is designed to identify and follow existing trends. Concentrix momentum indicators are usually used to generate trading rules based on assumptions that Concentrix trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The function did not return any valid pattern recognition events for the selected time horizon. The Ladder Bottom is a reversal pattern describing Concentrix bullish trend.

Concentrix Technical Analysis Modules

Most technical analysis of Concentrix 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 Concentrix from various momentum indicators to cycle indicators. When you analyze Concentrix charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Concentrix Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Concentrix. We use our internally-developed statistical techniques to arrive at the intrinsic value of Concentrix based on widely used predictive technical indicators. In general, we focus on analyzing Concentrix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Concentrix's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Concentrix's intrinsic value. In addition to deriving basic predictive indicators for Concentrix, we also check how macroeconomic factors affect Concentrix price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0085020.01260.01130.006025
Price To Sales Ratio0.990.710.821.38
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Concentrix's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
58.8761.2363.59
Details
Intrinsic
Valuation
LowRealHigh
55.2079.6982.05
Details
Naive
Forecast
LowNextHigh
52.6955.0557.41
Details
5 Analysts
Consensus
LowTargetHigh
89.7398.60109.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Concentrix. Your research has to be compared to or analyzed against Concentrix's peers to derive any actionable benefits. When done correctly, Concentrix's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Concentrix.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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When determining whether Concentrix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concentrix'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 Concentrix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Concentrix Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concentrix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Concentrix's price analysis, check to measure Concentrix'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 Concentrix is operating at the current time. Most of Concentrix's value examination focuses on studying past and present price action to predict the probability of Concentrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concentrix's price. Additionally, you may evaluate how the addition of Concentrix to your portfolios can decrease your overall portfolio volatility.
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Is Concentrix'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 Concentrix. If investors know Concentrix 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 Concentrix 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
(0.55)
Dividend Share
1.155
Earnings Share
4.78
Revenue Per Share
137.23
Quarterly Revenue Growth
0.468
The market value of Concentrix is measured differently than its book value, which is the value of Concentrix that is recorded on the company's balance sheet. Investors also form their own opinion of Concentrix's value that differs from its market value or its book value, called intrinsic value, which is Concentrix'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 Concentrix's market value can be influenced by many factors that don't directly affect Concentrix'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 Concentrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentrix'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.