Trimble Stock Technical Analysis

TRMB Stock  USD 63.30  0.14  0.22%   
As of the 28th of March, Trimble has the Coefficient Of Variation of 503.82, semi deviation of 1.21, and Risk Adjusted Performance of 0.1166. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trimble, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Trimble, which can be compared to its competition. Please validate Trimble jensen alpha, as well as the relationship between the potential upside and skewness to decide if Trimble is priced more or less accurately, providing market reflects its prevalent price of 63.3 per share. Given that Trimble has jensen alpha of 0.0838, we advise you to double-check Trimble's current market performance to make sure the company can sustain itself at a future point.

Trimble Momentum Analysis

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

Trimble Analyst Consensus

Target PriceAdvice# of Analysts
61.86Strong Buy12Odds
Trimble current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Trimble 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 Trimble stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Trimble, talking to its executives and customers, or listening to Trimble conference calls.
Trimble Analyst Advice Details
Trimble 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 Trimble technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Trimble 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...

Trimble Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Trimble volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Trimble Trend Analysis

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

Trimble Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Trimble applied against its price change over selected period. The best fit line has a slop of   0.29  , which means Trimble will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3088.47, which is the sum of squared deviations for the predicted Trimble price change compared to its average price change.

About Trimble 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 Trimble 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 Trimble based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trimble price pattern first instead of the macroeconomic environment surrounding Trimble. By analyzing Trimble'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 Trimble'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 Trimble specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2016 2021 2024 (projected)
Dividend Yield0.07020.240.0447
Price To Sales Ratio5.315.996.29

Trimble March 28, 2024 Technical Indicators

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

Trimble 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 Trimble 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 Trimble offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trimble'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 Trimble Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trimble Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trimble. 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.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Trimble Stock analysis

When running Trimble's price analysis, check to measure Trimble'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 Trimble is operating at the current time. Most of Trimble's value examination focuses on studying past and present price action to predict the probability of Trimble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trimble's price. Additionally, you may evaluate how the addition of Trimble to your portfolios can decrease your overall portfolio volatility.
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Is Trimble'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 Trimble. If investors know Trimble 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 Trimble 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
(0.28)
Earnings Share
1.25
Revenue Per Share
15.324
Quarterly Revenue Growth
0.089
Return On Assets
0.0421
The market value of Trimble is measured differently than its book value, which is the value of Trimble that is recorded on the company's balance sheet. Investors also form their own opinion of Trimble's value that differs from its market value or its book value, called intrinsic value, which is Trimble'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 Trimble's market value can be influenced by many factors that don't directly affect Trimble'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 Trimble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trimble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trimble'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.