Smith Nephew Snats Stock Technical Analysis

SNN Stock  USD 24.01  0.09  0.38%   
As of the 19th of April, Smith Nephew has the Risk Adjusted Performance of (0.05), coefficient of variation of (1,052), and Variance of 2.08. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Smith Nephew SNATS, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Smith Nephew SNATS, which can be compared to its competition. Please validate Smith Nephew SNATS variance and potential upside to decide if Smith Nephew is priced more or less accurately, providing market reflects its prevalent price of 24.01 per share. Given that Smith Nephew SNATS has information ratio of (0.14), we advise you to double-check Smith Nephew SNATS's current market performance to make sure the company can sustain itself at a future point.

Smith Nephew Momentum Analysis

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

Smith Nephew Analyst Consensus

Target PriceAdvice# of Analysts
31.33Strong Buy4Odds
Smith Nephew SNATS current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Smith 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 Smith stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Smith Nephew SNATS, talking to its executives and customers, or listening to Smith conference calls.
Smith Analyst Advice Details
Smith Nephew 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 Smith Nephew technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Smith Nephew 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...

Smith Nephew SNATS Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Smith Nephew SNATS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Smith Nephew SNATS Trend Analysis

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

Smith Nephew Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Smith Nephew SNATS applied against its price change over selected period. The best fit line has a slop of   0.07  , which may imply that the returns on investment in Smith Nephew SNATS will continue to fail. It has 122 observation points and a regression sum of squares at 179.44, which is the sum of squared deviations for the predicted Smith Nephew price change compared to its average price change.

About Smith Nephew 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 Smith Nephew SNATS 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 Smith Nephew SNATS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Smith Nephew SNATS price pattern first instead of the macroeconomic environment surrounding Smith Nephew SNATS. By analyzing Smith Nephew'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 Smith Nephew'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 Smith Nephew specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02170.02790.02750.0289
Price To Sales Ratio2.912.252.142.03

Smith Nephew April 19, 2024 Technical Indicators

Most technical analysis of Smith 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 Smith from various momentum indicators to cycle indicators. When you analyze Smith 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 Smith Nephew SNATS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew'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 Smith Nephew Snats Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Nephew SNATS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Smith Nephew's price analysis, check to measure Smith Nephew'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 Smith Nephew is operating at the current time. Most of Smith Nephew's value examination focuses on studying past and present price action to predict the probability of Smith Nephew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Nephew's price. Additionally, you may evaluate how the addition of Smith Nephew to your portfolios can decrease your overall portfolio volatility.
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Is Smith Nephew'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 Smith Nephew. If investors know Smith 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 Smith Nephew 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
0.983
Dividend Share
0.375
Earnings Share
0.6
Revenue Per Share
2.5484
Quarterly Revenue Growth
0.076
The market value of Smith Nephew SNATS is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew'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 Smith Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew'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 Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew'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.