Alpha Technology Group Stock Technical Analysis

ATGL Stock   13.04  0.15  1.14%   
As of the 7th of December, Alpha Technology shows the Mean Deviation of 11.71, risk adjusted performance of 0.1928, and Downside Deviation of 6.77. Alpha Technology 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 Alpha Technology jensen alpha, as well as the relationship between the potential upside and skewness to decide if Alpha Technology is priced correctly, providing market reflects its regular price of 13.04 per share. Given that Alpha Technology has jensen alpha of 3.69, we suggest you to validate Alpha Technology Group's prevailing market performance to make sure the company can sustain itself at a future point.

Alpha Technology Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alpha, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Alpha
  
Alpha Technology'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.
Alpha Technology 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 Alpha Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alpha Technology 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...

Alpha Technology Technical Analysis

Indicator
Time Period
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The output start index for this execution was one with a total number of output elements of sixty. 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 Alpha Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alpha Technology Trend Analysis

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

Alpha Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alpha Technology Group applied against its price change over selected period. The best fit line has a slop of   0.22  , which means Alpha Technology Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1832.21, which is the sum of squared deviations for the predicted Alpha Technology price change compared to its average price change.

About Alpha Technology 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 Alpha Technology Group 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 Alpha Technology Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alpha Technology price pattern first instead of the macroeconomic environment surrounding Alpha Technology. By analyzing Alpha Technology'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 Alpha Technology'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 Alpha Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Graham Number1.063.643.273.44
Receivables Turnover3.289.338.48.82

Alpha Technology December 7, 2024 Technical Indicators

Most technical analysis of Alpha 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 Alpha from various momentum indicators to cycle indicators. When you analyze Alpha 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 Alpha Technology is a strong investment it is important to analyze Alpha Technology'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 Alpha Technology's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is IT Consulting & Other 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 Alpha Technology. If investors know Alpha 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 Alpha Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Revenue Per Share
0.448
Quarterly Revenue Growth
0.087
Return On Assets
(0.10)
Return On Equity
(0.25)
The market value of Alpha Technology is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha Technology'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 Alpha Technology's market value can be influenced by many factors that don't directly affect Alpha Technology'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 Alpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technology'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.