Freightcar America Stock Technical Analysis

RAIL Stock  USD 3.55  0.03  0.84%   
As of the 24th of April, Freightcar America shows the Downside Deviation of 2.29, mean deviation of 1.89, and Coefficient Of Variation of 453.2. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Freightcar America, as well as the relationship between them. 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 Freightcar America, which can be compared to its peers. Please confirm Freightcar America variance, as well as the relationship between the maximum drawdown and semi variance to decide if Freightcar America is priced favorably, providing market reflects its regular price of 3.55 per share. Given that Freightcar America has jensen alpha of 0.4578, we urge you to verify Freightcar America's prevailing market performance to make sure the company can sustain itself at a future point.

Freightcar America Momentum Analysis

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

Freightcar America Analyst Consensus

Target PriceAdvice# of Analysts
4.25Hold2Odds
Freightcar America current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Freightcar 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 Freightcar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Freightcar America, talking to its executives and customers, or listening to Freightcar conference calls.
Freightcar Analyst Advice Details
Freightcar America 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 Freightcar America technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Freightcar America 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...

Freightcar America Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Freightcar America volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Freightcar America Trend Analysis

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

Freightcar America Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Freightcar America applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Freightcar America will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.51, which is the sum of squared deviations for the predicted Freightcar America price change compared to its average price change.

About Freightcar America 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 Freightcar America 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 Freightcar America based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Freightcar America price pattern first instead of the macroeconomic environment surrounding Freightcar America. By analyzing Freightcar America'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 Freightcar America'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 Freightcar America specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield9.69E-48.72E-48.28E-4
Price To Sales Ratio0.220.210.2

Freightcar America April 24, 2024 Technical Indicators

Most technical analysis of Freightcar 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 Freightcar from various momentum indicators to cycle indicators. When you analyze Freightcar 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 Freightcar America is a strong investment it is important to analyze Freightcar America'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 Freightcar America's future performance. For an informed investment choice regarding Freightcar Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. 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.
For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Freightcar Stock analysis

When running Freightcar America's price analysis, check to measure Freightcar America'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 Freightcar America is operating at the current time. Most of Freightcar America's value examination focuses on studying past and present price action to predict the probability of Freightcar America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freightcar America's price. Additionally, you may evaluate how the addition of Freightcar America to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Is Freightcar America'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 Freightcar America. If investors know Freightcar 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 Freightcar America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.18)
Revenue Per Share
12.624
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0368
Return On Equity
(5.44)
The market value of Freightcar America is measured differently than its book value, which is the value of Freightcar that is recorded on the company's balance sheet. Investors also form their own opinion of Freightcar America's value that differs from its market value or its book value, called intrinsic value, which is Freightcar America'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 Freightcar America's market value can be influenced by many factors that don't directly affect Freightcar America'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 Freightcar America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightcar America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightcar America'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.