Elbit Systems Stock Technical Analysis

ESLT Stock  USD 210.23  0.92  0.44%   
As of the 28th of March, Elbit Systems shows the Mean Deviation of 1.0, coefficient of variation of (7,486), and Standard Deviation of 1.37. Elbit Systems 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 were able to break down and interpolate thirteen technical drivers for Elbit Systems, which can be compared to its rivals. Please confirm Elbit Systems risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Elbit Systems is priced favorably, providing market reflects its regular price of 210.23 per share. Given that Elbit Systems has information ratio of (0.11), we urge you to verify Elbit Systems's prevailing market performance to make sure the company can sustain itself at a future point.

Elbit Systems Momentum Analysis

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

Elbit Systems Analyst Consensus

Target PriceAdvice# of Analysts
210.0Buy3Odds
Elbit Systems current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Elbit 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 Elbit stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Elbit Systems, talking to its executives and customers, or listening to Elbit conference calls.
Elbit Analyst Advice Details
Elbit Systems 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 Elbit Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elbit Systems 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...

Elbit Systems Technical Analysis

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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 Elbit Systems volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Elbit Systems Trend Analysis

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

Elbit Systems Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Elbit Systems applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Elbit Systems will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13.57, which is the sum of squared deviations for the predicted Elbit Systems price change compared to its average price change.

About Elbit Systems 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 Elbit Systems 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 Elbit Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elbit Systems price pattern first instead of the macroeconomic environment surrounding Elbit Systems. By analyzing Elbit Systems'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 Elbit Systems'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 Elbit Systems specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Price To Sales Ratio1.461.190.8
Price Earnings Ratio28.0623.7613.67

Elbit Systems March 28, 2024 Technical Indicators

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

Elbit Systems March 28, 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 Elbit 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 Elbit Systems 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 Elbit 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 Elbit Systems Stock. Highlighted below are key reports to facilitate an investment decision about Elbit Systems Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Elbit Stock analysis

When running Elbit Systems' price analysis, check to measure Elbit Systems' 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 Elbit Systems is operating at the current time. Most of Elbit Systems' value examination focuses on studying past and present price action to predict the probability of Elbit Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Systems' price. Additionally, you may evaluate how the addition of Elbit Systems to your portfolios can decrease your overall portfolio volatility.
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Is Elbit Systems' 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 Elbit Systems. If investors know Elbit 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 Elbit Systems 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
(0.65)
Dividend Share
2
Earnings Share
6.07
Revenue Per Share
132.027
Quarterly Revenue Growth
0.079
The market value of Elbit Systems is measured differently than its book value, which is the value of Elbit that is recorded on the company's balance sheet. Investors also form their own opinion of Elbit Systems' value that differs from its market value or its book value, called intrinsic value, which is Elbit Systems' 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 Elbit Systems' market value can be influenced by many factors that don't directly affect Elbit Systems' 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 Elbit Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elbit Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elbit Systems' 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.