Bridgeline Digital Stock Technical Analysis

BLIN Stock  USD 1.29  0.05  4.03%   
As of the 24th of April, Bridgeline Digital shows the Risk Adjusted Performance of 0.1505, mean deviation of 2.68, and Downside Deviation of 3.31. Bridgeline Digital technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. 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 collect and analyze data for nineteen technical drivers for Bridgeline Digital, which can be compared to its peers. Please confirm Bridgeline Digital information ratio, as well as the relationship between the potential upside and kurtosis to decide if Bridgeline Digital is priced correctly, providing market reflects its regular price of 1.29 per share. Given that Bridgeline Digital is a hitting penny stock territory we recommend to closely look at its total risk alpha.

Bridgeline Digital Momentum Analysis

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

Bridgeline Digital Analyst Consensus

Target PriceAdvice# of Analysts
3.17Strong Buy3Odds
Bridgeline Digital current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bridgeline 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 Bridgeline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bridgeline Digital, talking to its executives and customers, or listening to Bridgeline conference calls.
Bridgeline Analyst Advice Details
Bridgeline Digital 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 Bridgeline Digital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bridgeline Digital 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...

Bridgeline Digital Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-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 Bridgeline Digital volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bridgeline Digital Trend Analysis

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

Bridgeline Digital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bridgeline Digital applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Bridgeline Digital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.18, which is the sum of squared deviations for the predicted Bridgeline Digital price change compared to its average price change.

About Bridgeline Digital 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 Bridgeline Digital 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 Bridgeline Digital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bridgeline Digital price pattern first instead of the macroeconomic environment surrounding Bridgeline Digital. By analyzing Bridgeline Digital'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 Bridgeline Digital'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 Bridgeline Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2023 2024 (projected)
Dividend Yield0.08260.07430.0395
Price To Sales Ratio1.840.631.12

Bridgeline Digital April 24, 2024 Technical Indicators

Most technical analysis of Bridgeline 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 Bridgeline from various momentum indicators to cycle indicators. When you analyze Bridgeline 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 Bridgeline Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bridgeline Digital'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 Bridgeline Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bridgeline Digital Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgeline Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Bridgeline Stock analysis

When running Bridgeline Digital's price analysis, check to measure Bridgeline Digital'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 Bridgeline Digital is operating at the current time. Most of Bridgeline Digital's value examination focuses on studying past and present price action to predict the probability of Bridgeline Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgeline Digital's price. Additionally, you may evaluate how the addition of Bridgeline Digital to your portfolios can decrease your overall portfolio volatility.
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Is Bridgeline Digital'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 Bridgeline Digital. If investors know Bridgeline 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 Bridgeline Digital 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
0.125
Earnings Share
(0.96)
Revenue Per Share
1.493
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.08)
The market value of Bridgeline Digital is measured differently than its book value, which is the value of Bridgeline that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgeline Digital's value that differs from its market value or its book value, called intrinsic value, which is Bridgeline Digital'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 Bridgeline Digital's market value can be influenced by many factors that don't directly affect Bridgeline Digital'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 Bridgeline Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgeline Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgeline Digital'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.