Westinghouse Air Brake Stock Technical Analysis

WAB Stock  USD 144.27  0.28  0.19%   
As of the 19th of April, Westinghouse Air maintains the Downside Deviation of 0.7674, mean deviation of 0.6772, and Market Risk Adjusted Performance of 0.2508. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Westinghouse Air Brake, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Westinghouse Air Brake, which can be compared to its peers. Please check out Westinghouse Air Brake value at risk, as well as the relationship between the semi variance and kurtosis to decide if Westinghouse Air Brake is priced fairly, providing market reflects its latest price of 144.27 per share. Given that Westinghouse Air Brake has jensen alpha of 0.1326, we strongly advise you to confirm Westinghouse Air Brake's prevalent market performance to make sure the company can sustain itself at a future point.

Westinghouse Air Momentum Analysis

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

Westinghouse Air Analyst Consensus

Target PriceAdvice# of Analysts
127.0Buy13Odds
Westinghouse Air Brake current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Westinghouse 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 Westinghouse stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Westinghouse Air Brake, talking to its executives and customers, or listening to Westinghouse conference calls.
Westinghouse Analyst Advice Details
Westinghouse Air 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 Westinghouse Air technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Westinghouse Air 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...

Westinghouse Air Brake Technical Analysis

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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 Westinghouse Air Brake volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Westinghouse Air Brake Trend Analysis

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

Westinghouse Air Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Westinghouse Air Brake applied against its price change over selected period. The best fit line has a slop of   0.29  , which may imply that Westinghouse Air Brake will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3178.7, which is the sum of squared deviations for the predicted Westinghouse Air price change compared to its average price change.

About Westinghouse Air 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 Westinghouse Air Brake 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 Westinghouse Air Brake based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Westinghouse Air Brake price pattern first instead of the macroeconomic environment surrounding Westinghouse Air Brake. By analyzing Westinghouse Air'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 Westinghouse Air'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 Westinghouse Air specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0053210.0061040.0054210.005692
Price To Sales Ratio2.212.172.341.24

Westinghouse Air April 19, 2024 Technical Indicators

Most technical analysis of Westinghouse 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 Westinghouse from various momentum indicators to cycle indicators. When you analyze Westinghouse 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 Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air'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 Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. 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.
Note that the Westinghouse Air Brake information on this page should be used as a complementary analysis to other Westinghouse Air'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Westinghouse Air's price analysis, check to measure Westinghouse Air'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 Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
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Is Westinghouse Air'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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air 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
0.379
Dividend Share
0.68
Earnings Share
4.52
Revenue Per Share
54.122
Quarterly Revenue Growth
0.095
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.