Bjs Wholesale Club Stock Technical Analysis

BJ Stock  USD 76.49  1.77  2.37%   
As of the 28th of March, BJs Wholesale shows the Risk Adjusted Performance of 0.0824, downside deviation of 1.55, and Mean Deviation of 1.24. BJs Wholesale Club 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 are able to break down nineteen technical drivers for BJs Wholesale Club, which can be compared to its rivals. Please confirm BJs Wholesale Club value at risk, and the relationship between the jensen alpha and semi variance to decide if BJs Wholesale Club is priced correctly, providing market reflects its regular price of 76.49 per share. Given that BJs Wholesale has jensen alpha of 0.1589, we suggest you to validate BJs Wholesale Club's prevailing market performance to make sure the company can sustain itself at a future point.

BJs Wholesale Momentum Analysis

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

BJs Wholesale Analyst Consensus

Target PriceAdvice# of Analysts
78.33Buy23Odds
BJs Wholesale Club current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most BJs 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 BJs stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of BJs Wholesale Club, talking to its executives and customers, or listening to BJs conference calls.
BJs Analyst Advice Details
BJs Wholesale 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 BJs Wholesale technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BJs Wholesale 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...

BJs Wholesale Club 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 BJs Wholesale Club volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BJs Wholesale Club Trend Analysis

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

BJs Wholesale Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BJs Wholesale Club applied against its price change over selected period. The best fit line has a slop of   0.22  , which suggests that BJs Wholesale Club will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 1848.64, which is the sum of squared deviations for the predicted BJs Wholesale price change compared to its average price change.

About BJs Wholesale 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 BJs Wholesale Club 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 BJs Wholesale Club based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BJs Wholesale Club price pattern first instead of the macroeconomic environment surrounding BJs Wholesale Club. By analyzing BJs Wholesale'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 BJs Wholesale'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 BJs Wholesale specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2020 2024 (projected)
Price Earnings Ratio14.9316.3955.13
Short Term Coverage Ratios0.761.50.96

BJs Wholesale March 28, 2024 Technical Indicators

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

BJs Wholesale 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 BJs 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 BJs Wholesale Club is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BJs Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bjs Wholesale Club Stock. Highlighted below are key reports to facilitate an investment decision about Bjs Wholesale Club Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Wholesale Club. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running BJs Wholesale's price analysis, check to measure BJs Wholesale'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 BJs Wholesale is operating at the current time. Most of BJs Wholesale's value examination focuses on studying past and present price action to predict the probability of BJs Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BJs Wholesale's price. Additionally, you may evaluate how the addition of BJs Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is BJs Wholesale'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 BJs Wholesale. If investors know BJs 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 BJs Wholesale 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
0.144
Earnings Share
3.88
Revenue Per Share
150.087
Quarterly Revenue Growth
0.087
Return On Assets
0.0781
The market value of BJs Wholesale Club is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Wholesale's value that differs from its market value or its book value, called intrinsic value, which is BJs Wholesale'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 BJs Wholesale's market value can be influenced by many factors that don't directly affect BJs Wholesale'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 BJs Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Wholesale'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.