Atlantica Sustainable Infrastructure Stock Technical Analysis

AY Stock  USD 17.67  0.52  3.03%   
As of the 17th of April 2024, Atlantica Sustainable shows the Risk Adjusted Performance of (0.06), mean deviation of 1.42, and Standard Deviation of 1.85. Atlantica Sustainable technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 analyzed and interpolated thirteen technical drivers for Atlantica Sustainable Infrastructure, which can be compared to its peers. Please confirm Atlantica Sustainable standard deviation and value at risk to decide if Atlantica Sustainable is priced correctly, providing market reflects its regular price of 17.67 per share. Given that Atlantica Sustainable has information ratio of (0.14), we suggest you to validate Atlantica Sustainable Infrastructure's prevailing market performance to make sure the company can sustain itself at a future point.

Atlantica Sustainable Momentum Analysis

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

Atlantica Sustainable Analyst Consensus

Target PriceAdvice# of Analysts
26.0Buy12Odds
Atlantica Sustainable Infrastructure current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Atlantica 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 Atlantica stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Atlantica Sustainable, talking to its executives and customers, or listening to Atlantica conference calls.
Atlantica Analyst Advice Details
Atlantica Sustainable 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 Atlantica Sustainable technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atlantica Sustainable 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...

Atlantica Sustainable Technical Analysis

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The output start index for this execution was fifteen with a total number of output elements of fourty-six. 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 Atlantica Sustainable volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Atlantica Sustainable Trend Analysis

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

Atlantica Sustainable Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Atlantica Sustainable Infrastructure applied against its price change over selected period. The best fit line has a slop of   0.01  , which may indicate that the price for Atlantica Sustainable Infrastructure will continue to decline. It has 122 observation points and a regression sum of squares at 4.75, which is the sum of squared deviations for the predicted Atlantica Sustainable price change compared to its average price change.

About Atlantica Sustainable 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 Atlantica Sustainable Infrastructure 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 Atlantica Sustainable Infrastructure based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Atlantica Sustainable price pattern first instead of the macroeconomic environment surrounding Atlantica Sustainable. By analyzing Atlantica Sustainable'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 Atlantica Sustainable'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 Atlantica Sustainable specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0480.06840.08280.0422
Price To Sales Ratio3.282.72.273.18

Atlantica Sustainable April 17, 2024 Technical Indicators

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

Atlantica Sustainable April 17, 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 Atlantica 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 Atlantica Sustainable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlantica Sustainable'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 Atlantica Sustainable Infrastructure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlantica Sustainable Infrastructure Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Atlantica Sustainable's price analysis, check to measure Atlantica Sustainable'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 Atlantica Sustainable is operating at the current time. Most of Atlantica Sustainable's value examination focuses on studying past and present price action to predict the probability of Atlantica Sustainable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantica Sustainable's price. Additionally, you may evaluate how the addition of Atlantica Sustainable to your portfolios can decrease your overall portfolio volatility.
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Is Atlantica Sustainable'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 Atlantica Sustainable. If investors know Atlantica 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 Atlantica Sustainable 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
1.224
Dividend Share
1.78
Earnings Share
0.37
Revenue Per Share
9.509
Quarterly Revenue Growth
0.009
The market value of Atlantica Sustainable is measured differently than its book value, which is the value of Atlantica that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantica Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Atlantica Sustainable'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 Atlantica Sustainable's market value can be influenced by many factors that don't directly affect Atlantica Sustainable'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 Atlantica Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantica Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantica Sustainable'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.