Winnebago Industries Stock Technical Analysis

WGO Stock  USD 64.98  1.30  2.04%   
As of the 24th of April, Winnebago Industries maintains the Market Risk Adjusted Performance of (0.04), mean deviation of 1.52, and Standard Deviation of 1.99. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Winnebago Industries, 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 and collect data for thirteen technical drivers for Winnebago Industries, which can be compared to its peers. Please check out Winnebago Industries market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Winnebago Industries is priced fairly, providing market reflects its latest price of 64.98 per share. Given that Winnebago Industries has information ratio of (0.08), we strongly advise you to confirm Winnebago Industries's prevalent market performance to make sure the company can sustain itself at a future point.

Winnebago Industries Momentum Analysis

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

Winnebago Industries Analyst Consensus

Target PriceAdvice# of Analysts
67.13Buy13Odds
Winnebago Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Winnebago 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 Winnebago stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Winnebago Industries, talking to its executives and customers, or listening to Winnebago conference calls.
Winnebago Analyst Advice Details
Winnebago Industries 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 Winnebago Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Winnebago Industries 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...

Winnebago Industries Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Winnebago Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Winnebago Industries Trend Analysis

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

Winnebago Industries Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Winnebago Industries applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that the returns on investment in Winnebago Industries will continue to fail. It has 122 observation points and a regression sum of squares at 40.99, which is the sum of squared deviations for the predicted Winnebago Industries price change compared to its average price change.

About Winnebago Industries 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 Winnebago Industries 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 Winnebago Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Winnebago Industries price pattern first instead of the macroeconomic environment surrounding Winnebago Industries. By analyzing Winnebago Industries'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 Winnebago Industries'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 Winnebago Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2011 2023 (projected)
Dividend Yield0.01080.0135
Price To Sales Ratio0.550.51

Winnebago Industries April 24, 2024 Technical Indicators

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

Winnebago Industries 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 Winnebago 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 Winnebago Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winnebago Industries' 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 Winnebago Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winnebago Industries Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.
Note that the Winnebago Industries information on this page should be used as a complementary analysis to other Winnebago Industries' 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Winnebago Stock analysis

When running Winnebago Industries' price analysis, check to measure Winnebago Industries' 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 Winnebago Industries is operating at the current time. Most of Winnebago Industries' value examination focuses on studying past and present price action to predict the probability of Winnebago Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Winnebago Industries' price. Additionally, you may evaluate how the addition of Winnebago Industries to your portfolios can decrease your overall portfolio volatility.
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Is Winnebago Industries' 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 Winnebago Industries. If investors know Winnebago 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 Winnebago Industries 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
(0.55)
Dividend Share
1.16
Earnings Share
3.42
Revenue Per Share
105.492
Quarterly Revenue Growth
(0.19)
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' 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 Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' 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 Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' 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.