Legalzoom Stock Technical Analysis
| LZ Stock | USD 8.50 0.20 2.41% |
As of the 6th of June, LegalZoom secures the Mean Deviation of 1.91, standard deviation of 3.47, and Risk Adjusted Performance of (0.09). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of LegalZoom, as well as the relationship between them.
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 LegalZoomLegalZoom |
LegalZoom Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 14.61 | Buy | 8 | Odds |
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 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.
LegalZoom Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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.
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 0.1 , which may indicate that the price for LegalZoom will continue to decline. It has 122 observation points and a regression sum of squares at 370.31, 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.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 3.5E-5 | 4.0E-5 | 7.0E-5 | Price To Sales Ratio | 5.54 | 3.26 | 3.09 |
LegalZoom June 6, 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.44) | |||
| Mean Deviation | 1.91 | |||
| Coefficient Of Variation | (609.17) | |||
| Standard Deviation | 3.47 | |||
| Variance | 12.05 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.45) | |||
| Maximum Drawdown | 27.11 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 2.94 | |||
| Skewness | (4.66) | |||
| Kurtosis | 31.44 |
Additional 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.