Walgreens Boots Alliance Stock Pattern Recognition High Wave Candle

WBA Stock  USD 9.02  0.04  0.44%   
Walgreens Boots pattern recognition tool provides the execution environment for running the High Wave Candle recognition and other technical functions against Walgreens Boots. Walgreens Boots 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 pattern recognition indicators. As with most other technical indicators, the High Wave Candle recognition function is designed to identify and follow existing trends. Walgreens Boots momentum indicators are usually used to generate trading rules based on assumptions that Walgreens Boots trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of three valid pattern recognition events for the selected time horizon. The High-Wave Candle may signal Walgreens Boots Alliance market turn when observed in several bundles.

Walgreens Boots Technical Analysis Modules

Most technical analysis of Walgreens Boots 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 Walgreens from various momentum indicators to cycle indicators. When you analyze Walgreens 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 Walgreens Boots 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 Walgreens Boots Alliance. We use our internally-developed statistical techniques to arrive at the intrinsic value of Walgreens Boots Alliance based on widely used predictive technical indicators. In general, we focus on analyzing Walgreens Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Walgreens Boots's daily price indicators and compare them against related drivers, such as pattern recognition 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 Walgreens Boots's intrinsic value. In addition to deriving basic predictive indicators for Walgreens Boots, we also check how macroeconomic factors affect Walgreens Boots price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.05470.07590.160.17
Price To Sales Ratio0.230.160.05410.0514
Hype
Prediction
LowEstimatedHigh
5.619.0212.43
Details
Intrinsic
Valuation
LowRealHigh
4.598.0011.41
Details
Naive
Forecast
LowNextHigh
6.409.8113.23
Details
19 Analysts
Consensus
LowTargetHigh
23.7626.1128.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Walgreens Boots. Your research has to be compared to or analyzed against Walgreens Boots' peers to derive any actionable benefits. When done correctly, Walgreens Boots' 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 Walgreens Boots Alliance.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' 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 Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Consumer Staples Distribution & Retail 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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
1.915
Dividend Share
1.23
Earnings Share
(10.01)
Revenue Per Share
171.079
Quarterly Revenue Growth
0.06
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.