Acuity Brands Stock Technical Analysis

Acuity Brands Analyst Consensus

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Acuity Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Acuity Brands 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...

Acuity Brands Technical Analysis

Acuity Brands Trend Analysis

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

Acuity Brands Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Acuity Brands applied against its price change over selected period. The best fit line has a slop of   0.63  , which may imply that Acuity Brands will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 15097.8, which is the sum of squared deviations for the predicted Acuity Brands price change compared to its average price change.

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

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

When running Acuity Brands' price analysis, check to measure Acuity Brands' 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 Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.

Is Acuity Brands' 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 Acuity Brands. If investors know Acuity 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 Acuity Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.