Traeger Stock Technical Analysis

COOK Stock  USD 2.11  0.02  0.96%   
As of the 19th of April, Traeger has the Risk Adjusted Performance of (0), coefficient of variation of (4,931), and Variance of 20.16. Traeger technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Traeger, which can be compared to its competition. Please validate Traeger risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Traeger is priced more or less accurately, providing market reflects its prevalent price of 2.11 per share. Please also confirm Traeger jensen alpha, which is currently at (0.11) to double-check the company can sustain itself at a future point.

Traeger Momentum Analysis

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

Traeger Analyst Consensus

Target PriceAdvice# of Analysts
5.11Buy10Odds
Traeger current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Traeger 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 Traeger stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Traeger, talking to its executives and customers, or listening to Traeger conference calls.
Traeger Analyst Advice Details
Traeger 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 Traeger technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Traeger 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...

Traeger Technical Analysis

Indicator
Time Period
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 Traeger volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Traeger Trend Analysis

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

Traeger Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Traeger applied against its price change over selected period. The best fit line has a slop of    , which means Traeger will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Traeger price change compared to its average price change.

About Traeger 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 Traeger 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 Traeger based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Traeger price pattern first instead of the macroeconomic environment surrounding Traeger. By analyzing Traeger'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 Traeger'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 Traeger specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield8.7E-55.1E-5
Price To Sales Ratio0.560.53

Traeger April 19, 2024 Technical Indicators

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

Traeger April 19, 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 Traeger 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 Traeger 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 Traeger 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 Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Traeger Stock analysis

When running Traeger's price analysis, check to measure Traeger'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 Traeger is operating at the current time. Most of Traeger's value examination focuses on studying past and present price action to predict the probability of Traeger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Traeger's price. Additionally, you may evaluate how the addition of Traeger to your portfolios can decrease your overall portfolio volatility.
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Is Traeger'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 Traeger. If investors know Traeger 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 Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.68)
Revenue Per Share
4.897
Quarterly Revenue Growth
0.183
Return On Assets
(0.03)
Return On Equity
(0.27)
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger'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 Traeger's market value can be influenced by many factors that don't directly affect Traeger'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 Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger'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.