Franklin Electric Co Stock Technical Analysis

FELE Stock  USD 106.81  0.17  0.16%   
As of the 28th of March, Franklin Electric shows the Mean Deviation of 0.9453, downside deviation of 1.42, and Semi Deviation of 1.23. Franklin Electric technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 break down and interpolate nineteen technical drivers for Franklin Electric Co, which can be compared to its rivals. Please confirm Franklin Electric jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Franklin Electric is priced favorably, providing market reflects its regular price of 106.81 per share. Given that Franklin Electric has jensen alpha of 0.2019, we urge you to verify Franklin Electric Co's prevailing market performance to make sure the company can sustain itself at a future point.

Franklin Electric Momentum Analysis

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

Franklin Electric Analyst Consensus

Target PriceAdvice# of Analysts
100.67Buy5Odds
Franklin Electric Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Franklin 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 Franklin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Franklin Electric, talking to its executives and customers, or listening to Franklin conference calls.
Franklin Analyst Advice Details
Franklin Electric 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 Franklin Electric technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Electric 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...

Franklin Electric Technical Analysis

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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 Franklin Electric volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Franklin Electric Trend Analysis

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

Franklin Electric Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Franklin Electric Co applied against its price change over selected period. The best fit line has a slop of   0.22  , which means Franklin Electric Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1860.63, which is the sum of squared deviations for the predicted Franklin Electric price change compared to its average price change.

About Franklin Electric 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 Franklin Electric Co 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 Franklin Electric Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Franklin Electric price pattern first instead of the macroeconomic environment surrounding Franklin Electric. By analyzing Franklin Electric'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 Franklin Electric'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 Franklin Electric specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Price Earnings Ratio19.8423.1815.1
Short Term Coverage Ratios0.7110.6410.11

Franklin Electric March 28, 2024 Technical Indicators

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

Franklin Electric March 28, 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 Franklin 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 Franklin Electric is a strong investment it is important to analyze Franklin Electric'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 Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Franklin Electric's price analysis, check to measure Franklin Electric'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 Franklin Electric is operating at the current time. Most of Franklin Electric's value examination focuses on studying past and present price action to predict the probability of Franklin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Electric's price. Additionally, you may evaluate how the addition of Franklin Electric to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Electric'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 Franklin Electric. If investors know Franklin 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 Franklin Electric 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
(0.02)
Dividend Share
0.9
Earnings Share
4.11
Revenue Per Share
44.7
Quarterly Revenue Growth
(0.03)
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.