Legalzoom Stock Technical Analysis

LZ Stock  USD 11.70  0.08  0.69%   
As of the 28th of February, LegalZoom secures the Risk Adjusted Performance of 0.0242, downside deviation of 2.42, and Mean Deviation of 1.86. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of LegalZoom, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for LegalZoom, which can be compared to its peers in the industry. Please verify LegalZoom semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if LegalZoom is priced some-what accurately, providing market reflects its recent price of 11.7 per share. Given that LegalZoom has jensen alpha of (0.26), we recommend you to check LegalZoom's last-minute market performance to make sure the company can sustain itself at a future point.

LegalZoom Momentum Analysis

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

LegalZoom Analyst Consensus

Target PriceAdvice# of Analysts
14.61Buy8Odds
LegalZoom current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most LegalZoom 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 LegalZoom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of LegalZoom, talking to its executives and customers, or listening to LegalZoom conference calls.
LegalZoom Analyst Advice Details
LegalZoom 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 LegalZoom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LegalZoom 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...

LegalZoom Technical Analysis

Indicator
Time Period
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The output start index for this execution was one with a total number of output elements of sixty. 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 LegalZoom volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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LegalZoom Trend Analysis

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

LegalZoom Best Fit Change Line

The following chart estimates an ordinary least squares regression model for LegalZoom applied against its price change over selected period. The best fit line has a slop of   0.01  , which may indicate that the price for LegalZoom will continue to decline. It has 122 observation points and a regression sum of squares at 6.03, which is the sum of squared deviations for the predicted LegalZoom price change compared to its average price change.

About LegalZoom 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 LegalZoom 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 LegalZoom based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LegalZoom price pattern first instead of the macroeconomic environment surrounding LegalZoom. By analyzing LegalZoom'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 LegalZoom'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 LegalZoom specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 (projected)
Gross Margin0.670.59
Free Cash Flow per Share0.280.24

LegalZoom February 28, 2024 Technical Indicators

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

LegalZoom February 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 LegalZoom 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 LegalZoom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LegalZoom'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 Legalzoom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legalzoom Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LegalZoom. 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.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.
Note that the LegalZoom information on this page should be used as a complementary analysis to other LegalZoom'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for LegalZoom Stock analysis

When running LegalZoom's price analysis, check to measure LegalZoom'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 LegalZoom is operating at the current time. Most of LegalZoom's value examination focuses on studying past and present price action to predict the probability of LegalZoom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LegalZoom's price. Additionally, you may evaluate how the addition of LegalZoom to your portfolios can decrease your overall portfolio volatility.
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Is LegalZoom'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 LegalZoom. If investors know LegalZoom 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 LegalZoom 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
0.535
Earnings Share
0.07
Revenue Per Share
3.387
Quarterly Revenue Growth
0.076
Return On Assets
0.0293
The market value of LegalZoom is measured differently than its book value, which is the value of LegalZoom that is recorded on the company's balance sheet. Investors also form their own opinion of LegalZoom's value that differs from its market value or its book value, called intrinsic value, which is LegalZoom'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 LegalZoom's market value can be influenced by many factors that don't directly affect LegalZoom'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 LegalZoom's value and its price as these two are different measures arrived at by different means. Investors typically determine if LegalZoom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LegalZoom'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.