Blacksky Technology Stock Technical Analysis

BKSY Stock  USD 1.19  0.05  4.03%   
As of the 19th of April, Blacksky Technology shows the mean deviation of 3.34, and Risk Adjusted Performance of 0.0031. Blacksky Technology 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 are able to interpolate and collect thirteen technical drivers for Blacksky Technology, which can be compared to its peers. Please confirm Blacksky Technology risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Blacksky Technology is priced correctly, providing market reflects its regular price of 1.19 per share. Given that Blacksky Technology is a hitting penny stock territory we recommend to closely look at its jensen alpha.

Blacksky Technology Momentum Analysis

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

Blacksky Technology Analyst Consensus

Target PriceAdvice# of Analysts
3.38Strong Buy4Odds
Blacksky Technology current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Blacksky 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 Blacksky stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Blacksky Technology, talking to its executives and customers, or listening to Blacksky conference calls.
Blacksky Analyst Advice Details
Blacksky Technology 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 Blacksky Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blacksky Technology 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...

Blacksky Technology 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 Blacksky Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Blacksky Technology Trend Analysis

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

Blacksky Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Blacksky Technology applied against its price change over selected period. The best fit line has a slop of   0.001  , which may suggest that Blacksky Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Blacksky Technology price change compared to its average price change.

About Blacksky Technology 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 Blacksky Technology 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 Blacksky Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Blacksky Technology price pattern first instead of the macroeconomic environment surrounding Blacksky Technology. By analyzing Blacksky Technology'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 Blacksky Technology'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 Blacksky Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield1.02E-49.0E-5
Price To Sales Ratio2.011.91

Blacksky Technology April 19, 2024 Technical Indicators

Most technical analysis of Blacksky 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 Blacksky from various momentum indicators to cycle indicators. When you analyze Blacksky 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.
When determining whether Blacksky Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blacksky Technology'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 Blacksky Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blacksky Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Blacksky Technology's price analysis, check to measure Blacksky Technology'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 Blacksky Technology is operating at the current time. Most of Blacksky Technology's value examination focuses on studying past and present price action to predict the probability of Blacksky Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blacksky Technology's price. Additionally, you may evaluate how the addition of Blacksky Technology to your portfolios can decrease your overall portfolio volatility.
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Is Blacksky Technology'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 Blacksky Technology. If investors know Blacksky 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 Blacksky Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
0.698
Quarterly Revenue Growth
0.829
Return On Assets
(0.15)
Return On Equity
(0.50)
The market value of Blacksky Technology is measured differently than its book value, which is the value of Blacksky that is recorded on the company's balance sheet. Investors also form their own opinion of Blacksky Technology's value that differs from its market value or its book value, called intrinsic value, which is Blacksky Technology'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 Blacksky Technology's market value can be influenced by many factors that don't directly affect Blacksky Technology'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 Blacksky Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blacksky Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blacksky Technology'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.