Ehealth Stock Technical Analysis

EHTH Stock  USD 5.91  0.10  1.72%   
As of the 28th of March, EHealth shows the Variance of 24.71, standard deviation of 4.97, and Mean Deviation of 3.4. EHealth 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. 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 interpolate and analyze data for thirteen technical drivers for EHealth, which can be compared to its rivals. Please confirm EHealth mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if EHealth is priced more or less accurately, providing market reflects its regular price of 5.91 per share. Given that EHealth has information ratio of (0.12), we urge you to verify EHealth's prevailing market performance to make sure the company can sustain itself next year.

EHealth Momentum Analysis

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

EHealth Analyst Consensus

Target PriceAdvice# of Analysts
11.33Hold4Odds
EHealth current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most EHealth 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 EHealth stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of EHealth, talking to its executives and customers, or listening to EHealth conference calls.
EHealth Analyst Advice Details
EHealth 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 EHealth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EHealth 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...

EHealth 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 EHealth volatility. High ATR values indicate high volatility, and low values indicate low volatility.

EHealth Trend Analysis

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

EHealth Best Fit Change Line

The following chart estimates an ordinary least squares regression model for EHealth applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that EHealth market price will keep on failing further. It has 122 observation points and a regression sum of squares at 32.82, which is the sum of squared deviations for the predicted EHealth price change compared to its average price change.

About EHealth 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 EHealth 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 EHealth based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EHealth price pattern first instead of the macroeconomic environment surrounding EHealth. By analyzing EHealth'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 EHealth'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 EHealth specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.310.01450.0130.0124
Price To Sales Ratio1.270.330.540.51

EHealth March 28, 2024 Technical Indicators

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

EHealth 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 EHealth 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 EHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EHealth'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 Ehealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehealth Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running EHealth's price analysis, check to measure EHealth'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 EHealth is operating at the current time. Most of EHealth's value examination focuses on studying past and present price action to predict the probability of EHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EHealth's price. Additionally, you may evaluate how the addition of EHealth to your portfolios can decrease your overall portfolio volatility.
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Is EHealth'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 EHealth. If investors know EHealth 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 EHealth 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
2.108
Earnings Share
(2.37)
Revenue Per Share
16.165
Quarterly Revenue Growth
0.262
Return On Assets
(0.02)
The market value of EHealth is measured differently than its book value, which is the value of EHealth that is recorded on the company's balance sheet. Investors also form their own opinion of EHealth's value that differs from its market value or its book value, called intrinsic value, which is EHealth'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 EHealth's market value can be influenced by many factors that don't directly affect EHealth'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 EHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if EHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EHealth'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.