Terex Stock Technical Analysis

TEX Stock  USD 62.46  0.91  1.44%   
As of the 16th of April 2024, Terex has the Risk Adjusted Performance of 0.0615, semi deviation of 2.32, and Coefficient Of Variation of 1155.92. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Terex, 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 analyze and collect data for nineteen technical drivers for Terex, which can be compared to its competition. Please validate Terex information ratio and downside variance to decide if Terex is priced more or less accurately, providing market reflects its prevalent price of 62.46 per share. Given that Terex has jensen alpha of 0.0962, we advise you to double-check Terex's current market performance to make sure the company can sustain itself at a future point.

Terex Momentum Analysis

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

Terex Analyst Consensus

Target PriceAdvice# of Analysts
66.08Buy16Odds
Terex current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Terex 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 Terex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Terex, talking to its executives and customers, or listening to Terex conference calls.
Terex Analyst Advice Details
Terex 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 Terex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Terex 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...

Terex Technical Analysis

Indicator
Time Period
Execute Indicator
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 Terex volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Terex Trend Analysis

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

Terex Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Terex applied against its price change over selected period. The best fit line has a slop of   0.08  , which may imply that Terex will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 245.72, which is the sum of squared deviations for the predicted Terex price change compared to its average price change.

About Terex 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 Terex 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 Terex based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Terex price pattern first instead of the macroeconomic environment surrounding Terex. By analyzing Terex'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 Terex'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 Terex specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
PTB Ratio2.762.482.322.44
Dividend Yield0.01090.01220.01110.02

Terex April 16, 2024 Technical Indicators

Most technical analysis of Terex 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 Terex from various momentum indicators to cycle indicators. When you analyze Terex 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 Terex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Terex'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 Terex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Terex Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Terex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Terex Stock please use our How to Invest in Terex guide.
Note that the Terex information on this page should be used as a complementary analysis to other Terex'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Terex Stock analysis

When running Terex's price analysis, check to measure Terex'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 Terex is operating at the current time. Most of Terex's value examination focuses on studying past and present price action to predict the probability of Terex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terex's price. Additionally, you may evaluate how the addition of Terex to your portfolios can decrease your overall portfolio volatility.
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Is Terex'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 Terex. If investors know Terex 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 Terex 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
0.383
Dividend Share
0.64
Earnings Share
7.56
Revenue Per Share
76.319
Quarterly Revenue Growth
0.004
The market value of Terex is measured differently than its book value, which is the value of Terex that is recorded on the company's balance sheet. Investors also form their own opinion of Terex's value that differs from its market value or its book value, called intrinsic value, which is Terex'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 Terex's market value can be influenced by many factors that don't directly affect Terex'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 Terex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Terex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Terex'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.