Wabash National Stock Technical Analysis

WNC Stock  USD 24.42  1.33  5.17%   
As of the 25th of April, Wabash National maintains the Downside Deviation of 2.11, market risk adjusted performance of 0.0806, and Mean Deviation of 1.77. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wabash National, 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 interpolate nineteen technical drivers for Wabash National, which can be compared to its peers. Please check out Wabash National variance, as well as the relationship between the maximum drawdown and semi variance to decide if Wabash National is priced fairly, providing market reflects its latest price of 24.42 per share. Given that Wabash National has jensen alpha of (0.02), we strongly advise you to confirm Wabash National's prevalent market performance to make sure the company can sustain itself at a future point.

Wabash National Momentum Analysis

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

Wabash National Analyst Consensus

Target PriceAdvice# of Analysts
26.33Buy3Odds
Wabash National current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Wabash 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 Wabash stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Wabash National, talking to its executives and customers, or listening to Wabash conference calls.
Wabash Analyst Advice Details
Wabash National 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 Wabash National technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wabash National 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...

Wabash National 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 Wabash National volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wabash National Trend Analysis

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

Wabash National Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wabash National applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Wabash National will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 15.18, which is the sum of squared deviations for the predicted Wabash National price change compared to its average price change.

About Wabash National 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 Wabash National 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 Wabash National based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wabash National price pattern first instead of the macroeconomic environment surrounding Wabash National. By analyzing Wabash National'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 Wabash National'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 Wabash National specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 (projected)
Dividend Yield0.01460.0132
Price To Sales Ratio0.440.47

Wabash National April 25, 2024 Technical Indicators

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

Wabash National April 25, 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 Wabash 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 Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National'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 Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. 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.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Wabash National's price analysis, check to measure Wabash National'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 Wabash National is operating at the current time. Most of Wabash National's value examination focuses on studying past and present price action to predict the probability of Wabash National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wabash National's price. Additionally, you may evaluate how the addition of Wabash National to your portfolios can decrease your overall portfolio volatility.
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Is Wabash National'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 Wabash National. If investors know Wabash 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 Wabash National 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
0.286
Dividend Share
0.32
Earnings Share
4.81
Revenue Per Share
53.955
Quarterly Revenue Growth
(0.09)
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National'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 Wabash National's market value can be influenced by many factors that don't directly affect Wabash National'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 Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National'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.