Tetra Tech Stock Technical Analysis

TTEK Stock  USD 188.94  4.86  2.64%   
As of the 24th of April, Tetra Tech has the Risk Adjusted Performance of 0.0934, semi deviation of 0.953, and Coefficient Of Variation of 699.94. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tetra Tech, 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 Tetra Tech, which can be compared to its competition. Please validate Tetra Tech jensen alpha and downside variance to decide if Tetra Tech is priced more or less accurately, providing market reflects its prevalent price of 188.94 per share. Given that Tetra Tech has jensen alpha of 0.0842, we advise you to double-check Tetra Tech's current market performance to make sure the company can sustain itself at a future point.

Tetra Tech Momentum Analysis

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

Tetra Tech Analyst Consensus

Target PriceAdvice# of Analysts
188.25Buy7Odds
Tetra Tech current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Tetra 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 Tetra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tetra Tech, talking to its executives and customers, or listening to Tetra conference calls.
Tetra Analyst Advice Details
Tetra Tech 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 Tetra Tech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tetra Tech 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...

Tetra Tech 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 Tetra Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tetra Tech Trend Analysis

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

Tetra Tech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tetra Tech applied against its price change over selected period. The best fit line has a slop of   0.42  , which means Tetra Tech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6753.09, which is the sum of squared deviations for the predicted Tetra Tech price change compared to its average price change.

About Tetra Tech 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 Tetra Tech 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 Tetra Tech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tetra Tech price pattern first instead of the macroeconomic environment surrounding Tetra Tech. By analyzing Tetra Tech'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 Tetra Tech'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 Tetra Tech specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2023 2024 (projected)
Dividend Yield0.0064680.0064540.006132
Price To Sales Ratio1.781.280.91

Tetra Tech April 24, 2024 Technical Indicators

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

Tetra Tech April 24, 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 Tetra 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 Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. 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 Tetra Stock please use our How to buy in Tetra Stock guide.
Note that the Tetra Tech information on this page should be used as a complementary analysis to other Tetra Tech'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 Tetra Stock analysis

When running Tetra Tech's price analysis, check to measure Tetra Tech'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 Tetra Tech is operating at the current time. Most of Tetra Tech's value examination focuses on studying past and present price action to predict the probability of Tetra Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Tech's price. Additionally, you may evaluate how the addition of Tetra Tech to your portfolios can decrease your overall portfolio volatility.
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Is Tetra Tech'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 Tetra Tech. If investors know Tetra 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 Tetra Tech 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
(0.36)
Dividend Share
1.01
Earnings Share
4.33
Revenue Per Share
75.654
Quarterly Revenue Growth
0.378
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech'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 Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech'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 Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech'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.