Caesarstone Stock Technical Analysis

CSTE Stock  USD 4.07  0.06  1.45%   
As of the 28th of March, Caesarstone shows the risk adjusted performance of 0.0307, and Mean Deviation of 2.19. Caesarstone 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 interpolate and analyze data for nineteen technical drivers for Caesarstone, which can be compared to its rivals. Please confirm Caesarstone jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Caesarstone is priced correctly, providing market reflects its regular price of 4.07 per share. Given that Caesarstone has jensen alpha of 0.1009, we suggest you to validate Caesarstone's prevailing market performance to make sure the company can sustain itself at a future point.

Caesarstone Momentum Analysis

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

Caesarstone Analyst Consensus

Target PriceAdvice# of Analysts
6.0Buy2Odds
Caesarstone current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Caesarstone 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 Caesarstone stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Caesarstone, talking to its executives and customers, or listening to Caesarstone conference calls.
Caesarstone Analyst Advice Details
Caesarstone 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 Caesarstone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Caesarstone 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...

Caesarstone 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 Caesarstone volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Caesarstone Trend Analysis

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

Caesarstone Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Caesarstone applied against its price change over selected period. The best fit line has a slop of    , which means Caesarstone will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Caesarstone price change compared to its average price change.

About Caesarstone 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 Caesarstone 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 Caesarstone based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Caesarstone price pattern first instead of the macroeconomic environment surrounding Caesarstone. By analyzing Caesarstone'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 Caesarstone'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 Caesarstone specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02730.04380.05040.0292
Price To Sales Ratio0.610.290.230.22

Caesarstone March 28, 2024 Technical Indicators

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

Caesarstone March 28, 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 Caesarstone 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 Caesarstone is a strong investment it is important to analyze Caesarstone's 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 Caesarstone's future performance. For an informed investment choice regarding Caesarstone Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesarstone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Caesarstone Stock refer to our How to Trade Caesarstone Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Caesarstone Stock analysis

When running Caesarstone's price analysis, check to measure Caesarstone'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 Caesarstone is operating at the current time. Most of Caesarstone's value examination focuses on studying past and present price action to predict the probability of Caesarstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesarstone's price. Additionally, you may evaluate how the addition of Caesarstone to your portfolios can decrease your overall portfolio volatility.
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Is Caesarstone'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 Caesarstone. If investors know Caesarstone 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 Caesarstone 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
5.869
Earnings Share
(3.13)
Revenue Per Share
16.374
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.04)
The market value of Caesarstone is measured differently than its book value, which is the value of Caesarstone that is recorded on the company's balance sheet. Investors also form their own opinion of Caesarstone's value that differs from its market value or its book value, called intrinsic value, which is Caesarstone'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 Caesarstone's market value can be influenced by many factors that don't directly affect Caesarstone'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 Caesarstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesarstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesarstone'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.