Ducommun Incorporated Stock Technical Analysis

DCO Stock  USD 65.86  0.74  1.11%   
As of the 29th of November, Ducommun Incorporated shows the Semi Deviation of 1.55, mean deviation of 1.31, and Downside Deviation of 1.61. Ducommun Incorporated 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.

Ducommun Incorporated Momentum Analysis

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

Ducommun Incorporated Analyst Consensus

Target PriceAdvice# of Analysts
61.8Strong Buy4Odds
Ducommun Incorporated current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ducommun 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 Ducommun stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ducommun Incorporated, talking to its executives and customers, or listening to Ducommun conference calls.
Ducommun Analyst Advice Details
Ducommun Incorporated 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 Ducommun Incorporated technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ducommun Incorporated 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...

Ducommun Incorporated 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 Ducommun Incorporated volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ducommun Incorporated Trend Analysis

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

Ducommun Incorporated Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ducommun Incorporated applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that Ducommun Incorporated will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 45.99, which is the sum of squared deviations for the predicted Ducommun Incorporated price change compared to its average price change.

About Ducommun Incorporated 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 Ducommun Incorporated 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 Ducommun Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ducommun Incorporated price pattern first instead of the macroeconomic environment surrounding Ducommun Incorporated. By analyzing Ducommun Incorporated'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 Ducommun Incorporated'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 Ducommun Incorporated specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.005310.005045
Price To Sales Ratio0.940.99

Ducommun Incorporated November 29, 2024 Technical Indicators

Most technical analysis of Ducommun 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 Ducommun from various momentum indicators to cycle indicators. When you analyze Ducommun 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.
When determining whether Ducommun Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ducommun Incorporated'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 Ducommun Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ducommun Incorporated Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ducommun Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Aerospace & Defense space 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 Ducommun Incorporated. If investors know Ducommun 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 Ducommun Incorporated 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
2.05
Earnings Share
2
Revenue Per Share
53.056
Quarterly Revenue Growth
0.026
Return On Assets
0.0333
The market value of Ducommun Incorporated is measured differently than its book value, which is the value of Ducommun that is recorded on the company's balance sheet. Investors also form their own opinion of Ducommun Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Ducommun Incorporated'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 Ducommun Incorporated's market value can be influenced by many factors that don't directly affect Ducommun Incorporated'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 Ducommun Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ducommun Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ducommun Incorporated'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.