Franklin Electric Stock Forecast - Daily Balance Of Power
FELE Stock | USD 97.95 1.10 1.11% |
Franklin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Franklin Electric stock prices and determine the direction of Franklin Electric Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Franklin Electric's historical fundamentals, such as revenue growth or operating cash flow patterns.
Franklin |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(0.19) | 0.292 |
Check Franklin Electric Volatility | Backtest Franklin Electric | Trend Details |
Franklin Electric Trading Date Momentum
On May 23 2024 Franklin Electric Co was traded for 97.09 at the closing time. The top price for the day was 98.48 and the lowest listed price was 96.70 . The trading volume for the day was 156.4 K. The trading history from May 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.51% . The overall trading delta against the current closing price is 0.59% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Franklin Electric
For every potential investor in Franklin, whether a beginner or expert, Franklin Electric's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Franklin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Franklin. Basic forecasting techniques help filter out the noise by identifying Franklin Electric's price trends.View Franklin Electric Related Equities
Risk & Return | Correlation |
Franklin Electric Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Franklin Electric's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Franklin Electric's current price.Cycle Indicators | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Franklin Electric Market Strength Events
Market strength indicators help investors to evaluate how Franklin Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Electric shares will generate the highest return on investment. By undertsting and applying Franklin Electric stock market strength indicators, traders can identify Franklin Electric Co entry and exit signals to maximize returns.
Accumulation Distribution | 8.0E-4 | |||
Daily Balance Of Power | (13.75) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 97.91 | |||
Day Typical Price | 97.92 | |||
Market Facilitation Index | 0.08 | |||
Price Action Indicator | (0.51) | |||
Period Momentum Indicator | (1.10) |
Franklin Electric Risk Indicators
The analysis of Franklin Electric's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Franklin Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting franklin stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.1 | |||
Standard Deviation | 1.81 | |||
Variance | 3.26 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Franklin Electric to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Industrial Machinery & Supplies & Components space 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 Franklin Electric. If investors know Franklin 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 Franklin Electric 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 (0.05) | Dividend Share 0.975 | Earnings Share 3.96 | Revenue Per Share 43.688 | Quarterly Revenue Growth (0.01) |
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.