Horizon Technology Finance Stock Technical Analysis

HRZN Stock  USD 11.37  0.13  1.16%   
As of the 28th of March, Horizon Technology retains the Risk Adjusted Performance of (0.06), market risk adjusted performance of (0.28), and Standard Deviation of 1.52. Horizon Technology technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Horizon Technology, which can be compared to its competitors. Please check out Horizon Technology market risk adjusted performance and treynor ratio to decide if Horizon Technology is priced fairly, providing market reflects its last-minute price of 11.37 per share. Given that Horizon Technology Finance has information ratio of (0.21), we strongly advise you to confirm Horizon Technology's regular market performance to make sure the company can sustain itself at a future point.

Horizon 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 Horizon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Horizon
  
Horizon 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.

Horizon Technology Analyst Consensus

Target PriceAdvice# of Analysts
12.38Hold8Odds
Horizon Technology Finance current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Horizon 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 Horizon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Horizon Technology, talking to its executives and customers, or listening to Horizon conference calls.
Horizon Analyst Advice Details
Horizon 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 Horizon Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Horizon 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...

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

Horizon Technology Trend Analysis

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

Horizon Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Horizon Technology Finance applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Horizon Technology Finance market price will keep on failing further. It has 122 observation points and a regression sum of squares at 46.09, which is the sum of squared deviations for the predicted Horizon Technology price change compared to its average price change.

About Horizon 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 Horizon Technology Finance 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 Horizon Technology Finance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Horizon Technology price pattern first instead of the macroeconomic environment surrounding Horizon Technology. By analyzing Horizon 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 Horizon 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 Horizon Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Operating Cycle67.52990.5560.68
Dividend Yield0.0770.10.0994

Horizon Technology March 28, 2024 Technical Indicators

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

Horizon Technology 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 Horizon 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 Horizon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon 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 Horizon Technology Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Technology Finance Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Technology Finance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Horizon Technology information on this page should be used as a complementary analysis to other Horizon Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Horizon Stock analysis

When running Horizon Technology's price analysis, check to measure Horizon 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 Horizon Technology is operating at the current time. Most of Horizon Technology's value examination focuses on studying past and present price action to predict the probability of Horizon 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 Horizon Technology's price. Additionally, you may evaluate how the addition of Horizon Technology to your portfolios can decrease your overall portfolio volatility.
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Is Horizon 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 Horizon Technology. If investors know Horizon 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 Horizon Technology 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
(0.98)
Dividend Share
1.32
Earnings Share
(0.56)
Revenue Per Share
3.665
Quarterly Revenue Growth
0.218
The market value of Horizon Technology is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon 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 Horizon Technology's market value can be influenced by many factors that don't directly affect Horizon 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 Horizon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon 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.