Bloom Energy Corp Stock Technical Analysis

BE Stock  USD 11.24  0.21  1.90%   
As of the 29th of March, Bloom Energy shows the Standard Deviation of 4.5, mean deviation of 3.23, and Risk Adjusted Performance of (0.03). Bloom Energy Corp 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 were able to analyze and collect data for thirteen technical drivers for Bloom Energy Corp, which can be compared to its rivals. Please confirm Bloom Energy Corp treynor ratio, as well as the relationship between the value at risk and skewness to decide if Bloom Energy Corp is priced correctly, providing market reflects its regular price of 11.24 per share. Given that Bloom Energy has information ratio of (0.10), we suggest you to validate Bloom Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Bloom Energy Momentum Analysis

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

Bloom Energy Analyst Consensus

Target PriceAdvice# of Analysts
23.48Buy25Odds
Bloom Energy Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bloom 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 Bloom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bloom Energy Corp, talking to its executives and customers, or listening to Bloom conference calls.
Bloom Analyst Advice Details
Bloom Energy 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 Bloom Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bloom Energy 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...

Bloom Energy Corp Technical Analysis

Indicator
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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 Bloom Energy Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bloom Energy Corp Trend Analysis

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

Bloom Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bloom Energy Corp applied against its price change over selected period. The best fit line has a slop of   0.07  , which may indicate that the price for Bloom Energy Corp will continue to decline. It has 122 observation points and a regression sum of squares at 181.78, which is the sum of squared deviations for the predicted Bloom Energy price change compared to its average price change.

About Bloom Energy 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 Bloom Energy Corp 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 Bloom Energy Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bloom Energy Corp price pattern first instead of the macroeconomic environment surrounding Bloom Energy Corp. By analyzing Bloom Energy'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 Bloom Energy'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 Bloom Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Cash Conversion Cycle79.82127.66226.79238.12
Cash Ratio1.160.641.411.48

Bloom Energy March 29, 2024 Technical Indicators

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

Bloom Energy March 29, 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 Bloom 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 Bloom Energy Corp is a strong investment it is important to analyze Bloom Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bloom Energy's future performance. For an informed investment choice regarding Bloom Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bloom Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Bloom Energy Corp information on this page should be used as a complementary analysis to other Bloom Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Bloom Stock analysis

When running Bloom Energy's price analysis, check to measure Bloom Energy'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 Bloom Energy is operating at the current time. Most of Bloom Energy's value examination focuses on studying past and present price action to predict the probability of Bloom Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bloom Energy's price. Additionally, you may evaluate how the addition of Bloom Energy to your portfolios can decrease your overall portfolio volatility.
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Is Bloom Energy'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 Bloom Energy. If investors know Bloom 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 Bloom Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.42)
Revenue Per Share
6.27
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.02)
Return On Equity
(0.68)
The market value of Bloom Energy Corp is measured differently than its book value, which is the value of Bloom that is recorded on the company's balance sheet. Investors also form their own opinion of Bloom Energy's value that differs from its market value or its book value, called intrinsic value, which is Bloom Energy'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 Bloom Energy's market value can be influenced by many factors that don't directly affect Bloom Energy'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 Bloom Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bloom Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bloom Energy'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.