Evi Industries Stock Overlap Studies Simple Moving Average

EVI Stock  USD 21.47  0.03  0.14%   
EVI Industries overlap studies tool provides the execution environment for running the Simple Moving Average study and other technical functions against EVI Industries. EVI Industries value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Simple Moving Average study function is designed to identify and follow existing trends. EVI Industries overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Simple Moving Average indicator is calculated by adding the closing price of EVI Industries for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out EVI Industries short-term fluctuations and highlight longer-term trends or cycles.

EVI Industries Technical Analysis Modules

Most technical analysis of EVI Industries 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 EVI from various momentum indicators to cycle indicators. When you analyze EVI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About EVI Industries Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EVI Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of EVI Industries based on widely used predictive technical indicators. In general, we focus on analyzing EVI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EVI Industries's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of EVI Industries's intrinsic value. In addition to deriving basic predictive indicators for EVI Industries, we also check how macroeconomic factors affect EVI Industries price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.0033690.003201
Price To Sales Ratio0.91.08
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EVI Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
18.1221.4324.74
Details
Intrinsic
Valuation
LowRealHigh
15.2518.5621.87
Details
Naive
Forecast
LowNextHigh
18.8522.1525.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.8922.5425.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EVI Industries. Your research has to be compared to or analyzed against EVI Industries' peers to derive any actionable benefits. When done correctly, EVI Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in EVI Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EVI Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EVI Industries' short interest history, or implied volatility extrapolated from EVI Industries options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Business Services Idea
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Investor Favorites Idea
Investor Favorites
Invested few shares
When determining whether EVI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EVI Industries' 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 Evi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evi Industries Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for EVI Stock analysis

When running EVI Industries' price analysis, check to measure EVI Industries' 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 EVI Industries is operating at the current time. Most of EVI Industries' value examination focuses on studying past and present price action to predict the probability of EVI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVI Industries' price. Additionally, you may evaluate how the addition of EVI Industries to your portfolios can decrease your overall portfolio volatility.
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Is EVI Industries' 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 EVI Industries. If investors know EVI 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 EVI Industries 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
(0.40)
Earnings Share
0.49
Revenue Per Share
29.191
Quarterly Revenue Growth
0.106
Return On Assets
0.0358
The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' 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 EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' 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 EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' 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.