Astronics Stock Technical Analysis

ATRO Stock  USD 16.79  0.47  2.88%   
As of the 23rd of April, Astronics shows the Mean Deviation of 1.54, downside deviation of 2.03, and Risk Adjusted Performance of 0.0094. Astronics 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 data for nineteen technical drivers for Astronics, which can be compared to its peers. Please confirm Astronics variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Astronics is priced correctly, providing market reflects its regular price of 16.79 per share. Given that Astronics has jensen alpha of (0.17), we suggest you to validate Astronics's prevailing market performance to make sure the company can sustain itself at a future point.

Astronics Momentum Analysis

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

Astronics Analyst Consensus

Target PriceAdvice# of Analysts
20.33Buy2Odds
Astronics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Astronics 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 Astronics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Astronics, talking to its executives and customers, or listening to Astronics conference calls.
Astronics Analyst Advice Details
Astronics 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 Astronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astronics 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...

Astronics Technical Analysis

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

Astronics Trend Analysis

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

Astronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Astronics applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Astronics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 18.53, which is the sum of squared deviations for the predicted Astronics price change compared to its average price change.

About Astronics 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 Astronics 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 Astronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Astronics price pattern first instead of the macroeconomic environment surrounding Astronics. By analyzing Astronics'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 Astronics'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 Astronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding88.14100.8591.1548.79
PTB Ratio1.451.382.311.84

Astronics April 23, 2024 Technical Indicators

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

Astronics April 23, 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 Astronics 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 Astronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astronics' 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 Astronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astronics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Astronics Stock analysis

When running Astronics' price analysis, check to measure Astronics' 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 Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.
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Is Astronics' 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 Astronics. If investors know Astronics 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 Astronics 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
(0.93)
Earnings Share
(0.80)
Revenue Per Share
20.819
Quarterly Revenue Growth
0.235
Return On Assets
(0.01)
The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' 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 Astronics' market value can be influenced by many factors that don't directly affect Astronics' 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 Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' 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.