Bakkt Holdings Stock Technical Analysis

BKKT Stock  USD 0.46  0.02  4.17%   
As of the 29th of March, Bakkt Holdings shows the Mean Deviation of 6.59, risk adjusted performance of (0.07), and Standard Deviation of 10.52. Bakkt Holdings 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 collect data for thirteen technical drivers for Bakkt Holdings, which can be compared to its rivals. Please confirm Bakkt Holdings coefficient of variation and maximum drawdown to decide if Bakkt Holdings is priced correctly, providing market reflects its regular price of 0.46 per share. As Bakkt Holdings is a penny stock we also strongly suggest to validate its jensen alpha numbers.

Bakkt Holdings Momentum Analysis

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

Bakkt Holdings Analyst Consensus

Target PriceAdvice# of Analysts
1.37Hold3Odds
Bakkt Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bakkt 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 Bakkt stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bakkt Holdings, talking to its executives and customers, or listening to Bakkt conference calls.
Bakkt Analyst Advice Details
Bakkt Holdings 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 Bakkt Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bakkt Holdings 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...

Bakkt Holdings Technical Analysis

Indicator
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Execute Indicator
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 Bakkt Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bakkt Holdings Trend Analysis

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

Bakkt Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bakkt Holdings applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Bakkt Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 24.71, which is the sum of squared deviations for the predicted Bakkt Holdings price change compared to its average price change.

About Bakkt Holdings 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 Bakkt Holdings 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 Bakkt Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bakkt Holdings price pattern first instead of the macroeconomic environment surrounding Bakkt Holdings. By analyzing Bakkt Holdings'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 Bakkt Holdings'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 Bakkt Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price Book Value Ratio1.010.714.113.91
Operating Cycle139.84256.1913.8813.18

Bakkt Holdings March 29, 2024 Technical Indicators

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

Bakkt Holdings March 29, 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 Bakkt 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 Bakkt Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bakkt Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bakkt Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Bakkt Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakkt Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Bakkt Stock analysis

When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' 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 Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Bakkt Holdings' 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 Bakkt Holdings. If investors know Bakkt 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 Bakkt Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.67)
Revenue Per Share
8.755
Quarterly Revenue Growth
12.485
Return On Assets
(0.11)
Return On Equity
(0.96)
The market value of Bakkt Holdings is measured differently than its book value, which is the value of Bakkt that is recorded on the company's balance sheet. Investors also form their own opinion of Bakkt Holdings' value that differs from its market value or its book value, called intrinsic value, which is Bakkt Holdings' 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 Bakkt Holdings' market value can be influenced by many factors that don't directly affect Bakkt Holdings' 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 Bakkt Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bakkt Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakkt Holdings' 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.