Amn Healthcare Services Stock Technical Analysis

AMN Stock  USD 56.51  0.44  0.77%   
As of the 23rd of April, AMN Healthcare shows the Mean Deviation of 2.24, coefficient of variation of (1,117), and Risk Adjusted Performance of (0.05). AMN Healthcare Services 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 have collected data for thirteen technical drivers for AMN Healthcare Services, which can be compared to its peers. Please confirm AMN Healthcare Services standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if AMN Healthcare Services is priced favorably, providing market reflects its regular price of 56.51 per share. Given that AMN Healthcare has information ratio of (0.11), we suggest you to validate AMN Healthcare Services's prevailing market performance to make sure the company can sustain itself in the future.

AMN Healthcare Momentum Analysis

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

AMN Healthcare Analyst Consensus

Target PriceAdvice# of Analysts
105.17Buy10Odds
AMN Healthcare Services current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most AMN 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 AMN stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AMN Healthcare Services, talking to its executives and customers, or listening to AMN conference calls.
AMN Analyst Advice Details
AMN Healthcare 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 AMN Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AMN Healthcare 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...

AMN Healthcare Services Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 AMN Healthcare Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AMN Healthcare Services Trend Analysis

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

AMN Healthcare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AMN Healthcare Services applied against its price change over selected period. The best fit line has a slop of   0.31  , which may imply that the returns on investment in AMN Healthcare Services will continue to fail. It has 122 observation points and a regression sum of squares at 3650.68, which is the sum of squared deviations for the predicted AMN Healthcare price change compared to its average price change.

About AMN Healthcare 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 AMN Healthcare Services 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 AMN Healthcare Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AMN Healthcare Services price pattern first instead of the macroeconomic environment surrounding AMN Healthcare Services. By analyzing AMN Healthcare'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 AMN Healthcare'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 AMN Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding94.2565.7471.456.26
PTB Ratio5.024.393.536.64

AMN Healthcare April 23, 2024 Technical Indicators

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

AMN Healthcare 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 AMN 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 AMN Healthcare Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AMN Healthcare's 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 Amn Healthcare Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amn Healthcare Services Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMN Healthcare Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for AMN Stock analysis

When running AMN Healthcare's price analysis, check to measure AMN Healthcare'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 AMN Healthcare is operating at the current time. Most of AMN Healthcare's value examination focuses on studying past and present price action to predict the probability of AMN Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMN Healthcare's price. Additionally, you may evaluate how the addition of AMN Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is AMN Healthcare'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 AMN Healthcare. If investors know AMN 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 AMN Healthcare 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
(0.83)
Earnings Share
5.36
Revenue Per Share
96.731
Quarterly Revenue Growth
(0.27)
Return On Assets
0.0733
The market value of AMN Healthcare Services is measured differently than its book value, which is the value of AMN that is recorded on the company's balance sheet. Investors also form their own opinion of AMN Healthcare's value that differs from its market value or its book value, called intrinsic value, which is AMN Healthcare'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 AMN Healthcare's market value can be influenced by many factors that don't directly affect AMN Healthcare'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 AMN Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMN Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMN Healthcare'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.