Comtech Telecommunications Corp Stock Technical Analysis

CMTL Stock  USD 2.29  0.17  8.02%   
As of the 14th of June 2024, Comtech Telecommunicatio shows the Mean Deviation of 5.6, standard deviation of 8.1, and Risk Adjusted Performance of (0.07). Comtech Telecommunicatio 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. Please confirm Comtech Telecommunicatio standard deviation and value at risk to decide if Comtech Telecommunicatio is priced correctly, providing market reflects its regular price of 2.29 per share. Please also double-check Comtech Telecommunications Corp jensen alpha, which is currently at (1.05) to validate the company can sustain itself at a future point.

Comtech Telecommunicatio Momentum Analysis

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

Comtech Telecommunicatio Analyst Consensus

Target PriceAdvice# of Analysts
15.75Hold3Odds
Comtech Telecommunications Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Comtech 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 Comtech stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Comtech Telecommunicatio, talking to its executives and customers, or listening to Comtech conference calls.
Comtech Analyst Advice Details
Comtech Telecommunicatio 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 Comtech Telecommunicatio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comtech Telecommunicatio 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...

Comtech Telecommunicatio Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Comtech Telecommunicatio volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Comtech Telecommunicatio Trend Analysis

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

Comtech Telecommunicatio Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Comtech Telecommunications Corp applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Comtech Telecommunications Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.73, which is the sum of squared deviations for the predicted Comtech Telecommunicatio price change compared to its average price change.

About Comtech Telecommunicatio 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 Comtech Telecommunications Corp 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 Comtech Telecommunications Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Comtech Telecommunicatio price pattern first instead of the macroeconomic environment surrounding Comtech Telecommunicatio. By analyzing Comtech Telecommunicatio'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 Comtech Telecommunicatio'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 Comtech Telecommunicatio specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03650.03040.0350.0382
Price To Sales Ratio0.620.520.470.79

Comtech Telecommunicatio June 14, 2024 Technical Indicators

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

Additional Information and Resources on Investing in Comtech Stock

When determining whether Comtech Telecommunicatio is a strong investment it is important to analyze Comtech Telecommunicatio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comtech Telecommunicatio's future performance. For an informed investment choice regarding Comtech Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comtech Telecommunications Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Communications Equipment space 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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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
5.87
Earnings Share
(1.70)
Revenue Per Share
20.109
Quarterly Revenue Growth
0.004
Return On Assets
0.0083
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.