Franklin Wireless Corp Stock Technical Analysis

FKWL Stock  USD 2.93  0.01  0.34%   
As of the 19th of April, Franklin Wireless shows the Coefficient Of Variation of (1,666), standard deviation of 2.04, and Mean Deviation of 1.43. Franklin Wireless Corp 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 are able to interpolate and break down thirteen technical drivers for Franklin Wireless Corp, which can be compared to its peers. Please confirm Franklin Wireless Corp risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Franklin Wireless Corp is priced favorably, providing market reflects its regular price of 2.93 per share. Please also check Franklin Wireless Corp jensen alpha, which is currently at (0.22) to verify the company can sustain itself at a future point.

Franklin Wireless 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 Wireless' 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 Wireless Analyst Consensus

Target PriceAdvice# of Analysts
16.0Strong Sell0Odds
Franklin Wireless Corp 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 Wireless Corp, talking to its executives and customers, or listening to Franklin conference calls.
Franklin Analyst Advice Details
Franklin Wireless 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 Wireless technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Wireless 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 Wireless Corp 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 Wireless Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Franklin Wireless Corp Trend Analysis

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

Franklin Wireless Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Franklin Wireless Corp applied against its price change over selected period. The best fit line has a slop of   0.0003  , which may suggest that Franklin Wireless Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Franklin Wireless price change compared to its average price change.

About Franklin Wireless 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 Wireless 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 Franklin Wireless Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Franklin Wireless Corp price pattern first instead of the macroeconomic environment surrounding Franklin Wireless Corp. By analyzing Franklin Wireless'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 Wireless'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 Wireless specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Days Sales Outstanding64.7445.06
PTB Ratio1.010.67

Franklin Wireless April 19, 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.
When determining whether Franklin Wireless Corp is a strong investment it is important to analyze Franklin Wireless' 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 Wireless' 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 Wireless Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Franklin Wireless' price analysis, check to measure Franklin Wireless' 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 Wireless is operating at the current time. Most of Franklin Wireless' value examination focuses on studying past and present price action to predict the probability of Franklin Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Wireless' price. Additionally, you may evaluate how the addition of Franklin Wireless to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Wireless' 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 Wireless. 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 Wireless 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
2.667
Earnings Share
(0.20)
Revenue Per Share
4.019
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.03)
The market value of Franklin Wireless Corp 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 Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' 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 Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' 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 Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' 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.