Allegiant Travel Stock Momentum Indicators Average Directional Movement Index

ALGT Stock  USD 81.84  0.82  1.01%   
Allegiant Travel momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Allegiant Travel. Allegiant Travel value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Allegiant Travel are pattern recognition functions that provide distinct formation on Allegiant Travel potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The average directional index (ADX) measures the strength of a prevailing trend of Allegiant Travel and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Allegiant Travel ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Allegiant Travel Technical Analysis Modules

Most technical analysis of Allegiant Travel 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 Allegiant from various momentum indicators to cycle indicators. When you analyze Allegiant charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Allegiant Travel Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allegiant Travel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Allegiant Travel based on widely used predictive technical indicators. In general, we focus on analyzing Allegiant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Allegiant Travel's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Allegiant Travel's intrinsic value. In addition to deriving basic predictive indicators for Allegiant Travel, we also check how macroeconomic factors affect Allegiant Travel price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Dividend Yield0.01490.01720.0196
Price To Sales Ratio1.880.590.56
Hype
Prediction
LowEstimatedHigh
81.5284.7988.06
Details
Intrinsic
Valuation
LowRealHigh
73.6693.7296.99
Details
Naive
Forecast
LowNextHigh
77.7381.0084.27
Details
13 Analysts
Consensus
LowTargetHigh
92.55101.70112.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Allegiant Travel. Your research has to be compared to or analyzed against Allegiant Travel's peers to derive any actionable benefits. When done correctly, Allegiant Travel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Allegiant Travel.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allegiant Travel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allegiant Travel's short interest history, or implied volatility extrapolated from Allegiant Travel options trading.

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Additional Tools for Allegiant Stock Analysis

When running Allegiant Travel's price analysis, check to measure Allegiant Travel'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 Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.