Cactus Inc Stock Momentum Indicators Average Directional Movement Index

WHD Stock  USD 49.17  0.23  0.47%   
Cactus momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Cactus. Cactus 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 momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Cactus are pattern recognition functions that provide distinct formation on Cactus potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

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 directional index (ADX) measures the strength of a prevailing trend of Cactus Inc and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Cactus ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Cactus Technical Analysis Modules

Most technical analysis of Cactus 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 Cactus from various momentum indicators to cycle indicators. When you analyze Cactus 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 Cactus 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 Cactus Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cactus Inc based on widely used predictive technical indicators. In general, we focus on analyzing Cactus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cactus's daily price indicators and compare them against related drivers, such as momentum indicators 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 Cactus's intrinsic value. In addition to deriving basic predictive indicators for Cactus, we also check how macroeconomic factors affect Cactus 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 Yield0.01460.0120.01590.0123
Price To Sales Ratio4.824.42.684.58
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cactus' 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
47.4249.2050.98
Details
Intrinsic
Valuation
LowRealHigh
44.2556.9758.75
Details
Naive
Forecast
LowNextHigh
45.7447.5249.30
Details
10 Analysts
Consensus
LowTargetHigh
52.7858.0064.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cactus. Your research has to be compared to or analyzed against Cactus' peers to derive any actionable benefits. When done correctly, Cactus' 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 Cactus Inc.

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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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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
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Invested over 70 shares
Manufacturing Idea
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Banking Idea
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Social Domain Idea
Social Domain
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Momentum Idea
Momentum
Invested over 200 shares
When determining whether Cactus Inc is a strong investment it is important to analyze Cactus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus 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 rate.
Note that the Cactus Inc information on this page should be used as a complementary analysis to other Cactus' 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Cactus' price analysis, check to measure Cactus' 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 Cactus is operating at the current time. Most of Cactus' value examination focuses on studying past and present price action to predict the probability of Cactus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus' price. Additionally, you may evaluate how the addition of Cactus to your portfolios can decrease your overall portfolio volatility.
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Is Cactus' 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 Cactus. If investors know Cactus 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 Cactus 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
0.468
Dividend Share
0.46
Earnings Share
2.57
Revenue Per Share
16.97
Quarterly Revenue Growth
0.464
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' 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 Cactus' market value can be influenced by many factors that don't directly affect Cactus' 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 Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' 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.