Steel Connect Stock Pattern Recognition Morning Star

STCN Stock  USD 12.27  0.17  1.40%   
Steel Connect pattern recognition tool provides the execution environment for running the Morning Star recognition and other technical functions against Steel Connect. Steel Connect 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 Morning Star recognition function is designed to identify and follow existing trends. Steel Connect momentum indicators are usually used to generate trading rules based on assumptions that Steel Connect trends in prices tend to continue for long periods. Please specify Penetration to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. The Morning Star pattern describes Steel Connect bottom bullish reversal signal.

Steel Connect Technical Analysis Modules

Most technical analysis of Steel Connect 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 Steel from various momentum indicators to cycle indicators. When you analyze Steel 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 Steel Connect 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 Steel Connect. We use our internally-developed statistical techniques to arrive at the intrinsic value of Steel Connect based on widely used predictive technical indicators. In general, we focus on analyzing Steel Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Steel Connect'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 Steel Connect's intrinsic value. In addition to deriving basic predictive indicators for Steel Connect, we also check how macroeconomic factors affect Steel Connect 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 Yield0.02630.03480.02660.0253
Price To Sales Ratio0.40.320.460.44
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Steel Connect's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.5812.2715.96
Details
Intrinsic
Valuation
LowRealHigh
10.5214.2117.90
Details
Naive
Forecast
LowNextHigh
9.5013.1916.88
Details
0 Analysts
Consensus
LowTargetHigh
20.4822.5024.98
Details

Align your values with your investing style

In addition to having Steel Connect in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Driverless Cars Idea
Driverless Cars
Invested over 50 shares
Power Assets Idea
Power Assets
Invested over 200 shares
Business Services Idea
Business Services
Invested few shares
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Hedge Favorites
Invested over 40 shares
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Impulse
Invested few shares
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Macroaxis Index
Invested few shares
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FinTech
Invested few shares
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Semiconductor
Invested few shares
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Blockchain
Invested few shares
When determining whether Steel Connect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Steel Connect'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 Steel Connect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Steel Connect Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Connect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Steel Stock, please use our How to Invest in Steel Connect guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Data Processing & Outsourced Services 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 Steel Connect. If investors know Steel 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 Steel Connect 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
(0.20)
Earnings Share
3.11
Revenue Per Share
28.001
Quarterly Revenue Growth
0.124
Return On Assets
0.0104
The market value of Steel Connect is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Connect's value that differs from its market value or its book value, called intrinsic value, which is Steel Connect'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 Steel Connect's market value can be influenced by many factors that don't directly affect Steel Connect'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 Steel Connect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Connect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Connect'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.