Accel Entertainment Stock Technical Analysis

ACEL Stock  USD 11.60  0.18  1.53%   
As of the 28th of November, Accel Entertainment shows the mean deviation of 0.9951, and Risk Adjusted Performance of 0.0137. Accel Entertainment technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Accel Entertainment jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Accel Entertainment is priced correctly, providing market reflects its regular price of 11.6 per share. Given that Accel Entertainment has jensen alpha of (0.12), we suggest you to validate Accel Entertainment's prevailing market performance to make sure the company can sustain itself at a future point.

Accel Entertainment Momentum Analysis

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

Accel Entertainment Analyst Consensus

Target PriceAdvice# of Analysts
14.33Strong Buy3Odds
Accel Entertainment current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Accel 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 Accel stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Accel Entertainment, talking to its executives and customers, or listening to Accel conference calls.
Accel Analyst Advice Details
Accel Entertainment 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 Accel Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Accel Entertainment 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...

Accel Entertainment Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Accel Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Accel Entertainment Trend Analysis

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

Accel Entertainment Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Accel Entertainment applied against its price change over selected period. The best fit line has a slop of   0.0003  , which means Accel Entertainment will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Accel Entertainment price change compared to its average price change.

About Accel Entertainment 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 Accel Entertainment 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 Accel Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Accel Entertainment price pattern first instead of the macroeconomic environment surrounding Accel Entertainment. By analyzing Accel Entertainment'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 Accel Entertainment'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 Accel Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0050830.004518
Price To Sales Ratio0.751.1

Accel Entertainment November 28, 2024 Technical Indicators

Most technical analysis of Accel 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 Accel from various momentum indicators to cycle indicators. When you analyze Accel 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.
When determining whether Accel Entertainment is a strong investment it is important to analyze Accel Entertainment'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 Accel Entertainment's future performance. For an informed investment choice regarding Accel Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accel Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Hotels, Restaurants & Leisure 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 Accel Entertainment. If investors know Accel 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 Accel Entertainment 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
(0.51)
Earnings Share
0.51
Revenue Per Share
14.41
Quarterly Revenue Growth
0.051
Return On Assets
0.0784
The market value of Accel Entertainment is measured differently than its book value, which is the value of Accel that is recorded on the company's balance sheet. Investors also form their own opinion of Accel Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Accel Entertainment'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 Accel Entertainment's market value can be influenced by many factors that don't directly affect Accel Entertainment'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 Accel Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accel Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accel Entertainment'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.