Domo Inc Stock Technical Analysis

DOMO Stock  USD 8.92  0.17  1.87%   
As of the 29th of March, Domo shows the Mean Deviation of 2.6, standard deviation of 3.41, and Variance of 11.6. Domo Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for thirteen technical drivers for Domo Inc, which can be compared to its rivals. Please confirm Domo Inc standard deviation and value at risk to decide if Domo Inc is priced favorably, providing market reflects its regular price of 8.92 per share. Given that Domo has information ratio of (0.08), we urge you to verify Domo Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Domo Momentum Analysis

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

Domo Analyst Consensus

Target PriceAdvice# of Analysts
17.0Buy5Odds
Domo Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Domo 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 Domo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Domo Inc, talking to its executives and customers, or listening to Domo conference calls.
Domo Analyst Advice Details
Domo 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 Domo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Domo 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...

Domo Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Domo Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Domo Inc Trend Analysis

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

Domo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Domo Inc applied against its price change over selected period. The best fit line has a slop of   0.0048  , which may suggest that Domo Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.86, which is the sum of squared deviations for the predicted Domo price change compared to its average price change.

About Domo 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 Domo Inc 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 Domo Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Domo Inc price pattern first instead of the macroeconomic environment surrounding Domo Inc. By analyzing Domo'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 Domo'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 Domo specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.110.096
Price To Sales Ratio1.231.17

Domo March 29, 2024 Technical Indicators

Most technical analysis of Domo 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 Domo from various momentum indicators to cycle indicators. When you analyze Domo 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.

Domo March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Domo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Domo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Domo'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 Domo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Domo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Domo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Domo Stock analysis

When running Domo's price analysis, check to measure Domo'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 Domo is operating at the current time. Most of Domo's value examination focuses on studying past and present price action to predict the probability of Domo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Domo's price. Additionally, you may evaluate how the addition of Domo to your portfolios can decrease your overall portfolio volatility.
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Is Domo'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 Domo. If investors know Domo 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 Domo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.16)
Revenue Per Share
8.849
Quarterly Revenue Growth
0.007
Return On Assets
(0.14)
The market value of Domo Inc is measured differently than its book value, which is the value of Domo that is recorded on the company's balance sheet. Investors also form their own opinion of Domo's value that differs from its market value or its book value, called intrinsic value, which is Domo'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 Domo's market value can be influenced by many factors that don't directly affect Domo'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 Domo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domo'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.