Pinterest Stock Technical Analysis

PINS Stock  USD 32.85  0.17  0.51%   
As of the 25th of April, Pinterest holds the Risk Adjusted Performance of (0.04), variance of 4.65, and Coefficient Of Variation of (1,408). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pinterest, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Pinterest, which can be compared to its competitors. Please check Pinterest information ratio and kurtosis to decide if Pinterest is priced some-what accurately, providing market reflects its current price of 32.85 per share. Given that Pinterest has information ratio of (0.12), we recommend you to check out Pinterest's recent market performance to make sure the company can sustain itself at a future point.

Pinterest Momentum Analysis

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

Pinterest Analyst Consensus

Target PriceAdvice# of Analysts
32.83Strong Buy39Odds
Pinterest current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Pinterest 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 Pinterest stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pinterest, talking to its executives and customers, or listening to Pinterest conference calls.
Pinterest Analyst Advice Details
Pinterest 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 Pinterest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pinterest 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...

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

Pinterest Trend Analysis

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

Pinterest Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pinterest applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Pinterest market price will keep on failing further. It has 122 observation points and a regression sum of squares at 357.53, which is the sum of squared deviations for the predicted Pinterest price change compared to its average price change.

About Pinterest 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 Pinterest 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 Pinterest based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pinterest price pattern first instead of the macroeconomic environment surrounding Pinterest. By analyzing Pinterest'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 Pinterest'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 Pinterest specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Graham Number7.274.02.332.22
Receivables Turnover3.954.114.02.92

Pinterest April 25, 2024 Technical Indicators

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

Pinterest April 25, 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 Pinterest 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 Pinterest is a strong investment it is important to analyze Pinterest'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 Pinterest's future performance. For an informed investment choice regarding Pinterest 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 Pinterest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Pinterest Stock please use our How to Invest in Pinterest guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Pinterest Stock analysis

When running Pinterest's price analysis, check to measure Pinterest'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 Pinterest is operating at the current time. Most of Pinterest's value examination focuses on studying past and present price action to predict the probability of Pinterest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinterest's price. Additionally, you may evaluate how the addition of Pinterest to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Is Pinterest'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 Pinterest. If investors know Pinterest 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 Pinterest 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
10.232
Earnings Share
(0.05)
Revenue Per Share
4.528
Quarterly Revenue Growth
0.119
Return On Assets
0.0002
The market value of Pinterest is measured differently than its book value, which is the value of Pinterest that is recorded on the company's balance sheet. Investors also form their own opinion of Pinterest's value that differs from its market value or its book value, called intrinsic value, which is Pinterest'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 Pinterest's market value can be influenced by many factors that don't directly affect Pinterest'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 Pinterest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinterest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinterest'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.