Alkami Technology Stock Forecast - Price Action Indicator
| ALKT Stock | USD 24.40 0.33 1.37% |
Alkami Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alkami Technology stock prices and determine the direction of Alkami Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alkami Technology's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Alkami Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Alkami Technology's systematic risk associated with finding meaningful patterns of Alkami Technology fundamentals over time.
Check out Historical Fundamental Analysis of Alkami Technology to cross-verify your projections. Alkami |
Open Interest Against 2024-05-17 Alkami Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Alkami Technology's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Alkami Technology's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Alkami Technology stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Alkami Technology's open interest, investors have to compare it to Alkami Technology's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Alkami Technology is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Alkami. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Alkami Technology cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Alkami Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Alkami Technology's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.045 | 0.16 |
| Check Alkami Technology Volatility | Backtest Alkami Technology | Information Ratio |
Alkami Technology Trading Date Momentum
| On May 02 2024 Alkami Technology was traded for 24.40 at the closing time. The top price for the day was 24.40 and the lowest listed price was 24.40 . There was no trading activity during the period 0.0. Lack of trading volume on May 2, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.35% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Alkami Technology to competition |
Other Forecasting Options for Alkami Technology
For every potential investor in Alkami, whether a beginner or expert, Alkami Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alkami Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alkami. Basic forecasting techniques help filter out the noise by identifying Alkami Technology's price trends.View Alkami Technology Related Equities
| Risk & Return | Correlation |
Alkami Technology 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 Alkami Technology'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 Alkami Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alkami Technology Market Strength Events
Market strength indicators help investors to evaluate how Alkami Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alkami Technology shares will generate the highest return on investment. By undertsting and applying Alkami Technology stock market strength indicators, traders can identify Alkami Technology entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 24.4 | |||
| Day Typical Price | 24.4 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | 0.33 |
Alkami Technology Risk Indicators
The analysis of Alkami Technology'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 Alkami Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alkami 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 | 1.52 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.98 |
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.
When determining whether Alkami Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alkami Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alkami Technology Stock. Highlighted below are key reports to facilitate an investment decision about Alkami Technology Stock: Check out Historical Fundamental Analysis of Alkami Technology to cross-verify your projections. For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Alkami Stock analysis
When running Alkami Technology's price analysis, check to measure Alkami Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkami Technology is operating at the current time. Most of Alkami Technology's value examination focuses on studying past and present price action to predict the probability of Alkami Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkami Technology's price. Additionally, you may evaluate how the addition of Alkami Technology to your portfolios can decrease your overall portfolio volatility.
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Is Alkami Technology's industry 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 Alkami Technology. If investors know Alkami 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 Alkami 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 (0.67) | Revenue Per Share 2.815 | Quarterly Revenue Growth 0.285 | Return On Assets (0.09) | Return On Equity (0.19) |
The market value of Alkami Technology is measured differently than its book value, which is the value of Alkami that is recorded on the company's balance sheet. Investors also form their own opinion of Alkami Technology's value that differs from its market value or its book value, called intrinsic value, which is Alkami 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 Alkami Technology's market value can be influenced by many factors that don't directly affect Alkami 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 Alkami Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alkami Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkami 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.