Six Flags Entertainment Stock Technical Analysis

SIX Stock  USD 26.50  0.49  1.88%   
As of the 6th of June, Six Flags has the Coefficient Of Variation of 4407.29, risk adjusted performance of 0.0207, and Semi Deviation of 1.55. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Six Flags Entertainment, as well as the relationship between them.

Six Flags Momentum Analysis

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

Six Flags Analyst Consensus

Target PriceAdvice# of Analysts
27.58Strong Buy11Odds
Six Flags Entertainment current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Six 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 Six stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Six Flags Entertainment, talking to its executives and customers, or listening to Six conference calls.
Six Analyst Advice Details
Six Flags 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 Six Flags technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Six Flags 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...

Six Flags Entertainment 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 Six Flags Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Six Flags Entertainment Trend Analysis

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

Six Flags Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Six Flags Entertainment applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Six Flags Entertainment will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2.69, which is the sum of squared deviations for the predicted Six Flags price change compared to its average price change.

About Six Flags 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 Six Flags Entertainment 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 Six Flags Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Six Flags Entertainment price pattern first instead of the macroeconomic environment surrounding Six Flags Entertainment. By analyzing Six Flags'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 Six Flags'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 Six Flags specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2020 2024 (projected)
Payables Turnover3.73.961.281.22
Days Of Inventory On Hand86.2492.3419.26440.22

Six Flags June 6, 2024 Technical Indicators

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

Six Flags June 6, 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 Six 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.

Additional Tools for Six Stock Analysis

When running Six Flags' price analysis, check to measure Six Flags' 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 Six Flags is operating at the current time. Most of Six Flags' value examination focuses on studying past and present price action to predict the probability of Six Flags' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Six Flags' price. Additionally, you may evaluate how the addition of Six Flags to your portfolios can decrease your overall portfolio volatility.