ESCO Technologies Stock Forecast - Price Action Indicator
| ESE Stock | USD 109.08 0.92 0.85% |
ESCO Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ESCO Technologies stock prices and determine the direction of ESCO Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ESCO Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns. Although ESCO Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ESCO Technologies' systematic risk associated with finding meaningful patterns of ESCO Technologies fundamentals over time.
Check out Historical Fundamental Analysis of ESCO Technologies to cross-verify your projections. ESCO |
Open Interest Against 2024-06-21 ESCO Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast ESCO Technologies' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in ESCO Technologies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for ESCO Technologies stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current ESCO Technologies' open interest, investors have to compare it to ESCO Technologies' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of ESCO Technologies is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ESCO. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in ESCO Technologies cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ESCO Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ESCO Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.72 | (0.70) |
| Check ESCO Technologies Volatility | Backtest ESCO Technologies | Trend Details |
ESCO Technologies Trading Date Momentum
| On May 07 2024 ESCO Technologies was traded for 109.15 at the closing time. Highest ESCO Technologies's price during the trading hours was 109.55 and the lowest price during the day was 107.42 . The net volume was 136.6 K. The overall trading history on the 7th of May contributed to the next trading period price growth. The overall trading delta to the next next day price was 1.16% . The overall trading delta to current price is 1.52% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare ESCO Technologies to competition |
Other Forecasting Options for ESCO Technologies
For every potential investor in ESCO, whether a beginner or expert, ESCO Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ESCO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ESCO. Basic forecasting techniques help filter out the noise by identifying ESCO Technologies' price trends.ESCO Technologies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ESCO Technologies stock to make a market-neutral strategy. Peer analysis of ESCO Technologies could also be used in its relative valuation, which is a method of valuing ESCO Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ESCO Technologies Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ESCO Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ESCO Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ESCO Technologies Market Strength Events
Market strength indicators help investors to evaluate how ESCO Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ESCO Technologies shares will generate the highest return on investment. By undertsting and applying ESCO Technologies stock market strength indicators, traders can identify ESCO Technologies entry and exit signals to maximize returns.
ESCO Technologies Risk Indicators
The analysis of ESCO Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ESCO Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting esco stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.28 | |||
| Semi Deviation | 1.65 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.8 | |||
| Downside Variance | 3.26 | |||
| Semi Variance | 2.71 | |||
| Expected Short fall | (1.35) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ESCO Technologies is a strong investment it is important to analyze ESCO Technologies' 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 ESCO Technologies' future performance. For an informed investment choice regarding ESCO Stock, refer to the following important reports:Check out Historical Fundamental Analysis of ESCO Technologies to cross-verify your projections. For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for ESCO Stock analysis
When running ESCO Technologies' price analysis, check to measure ESCO 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 ESCO Technologies is operating at the current time. Most of ESCO Technologies' value examination focuses on studying past and present price action to predict the probability of ESCO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESCO Technologies' price. Additionally, you may evaluate how the addition of ESCO Technologies to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is ESCO 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 ESCO Technologies. If investors know ESCO 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 ESCO Technologies 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 (0.10) | Dividend Share 0.32 | Earnings Share 3.81 | Revenue Per Share 38.352 | Quarterly Revenue Growth 0.088 |
The market value of ESCO Technologies is measured differently than its book value, which is the value of ESCO that is recorded on the company's balance sheet. Investors also form their own opinion of ESCO Technologies' value that differs from its market value or its book value, called intrinsic value, which is ESCO 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 ESCO Technologies' market value can be influenced by many factors that don't directly affect ESCO 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 ESCO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ESCO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESCO 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.