Franklin Covey Stock Technical Analysis

FC Stock  USD 39.26  0.96  2.51%   
As of the 29th of March, Franklin Covey shows the Coefficient Of Variation of (3,258), standard deviation of 2.13, and Mean Deviation of 1.61. Franklin Covey 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 break down thirteen technical drivers for Franklin Covey, which can be compared to its rivals. Please confirm Franklin Covey information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if Franklin Covey is priced favorably, providing market reflects its regular price of 39.26 per share. Given that Franklin Covey has information ratio of (0.09), we urge you to verify Franklin Covey's prevailing market performance to make sure the company can sustain itself at a future point.

Franklin Covey Momentum Analysis

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

Franklin Covey Analyst Consensus

Target PriceAdvice# of Analysts
72.0Strong Buy3Odds
Franklin Covey current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Franklin 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 Franklin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Franklin Covey, talking to its executives and customers, or listening to Franklin conference calls.
Franklin Analyst Advice Details
Franklin Covey 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 Franklin Covey technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Covey 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...

Franklin Covey Technical Analysis

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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 Franklin Covey volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Franklin Covey Trend Analysis

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

Franklin Covey Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Franklin Covey applied against its price change over selected period. The best fit line has a slop of   0.04  , which may indicate that the price for Franklin Covey will continue to decline. It has 122 observation points and a regression sum of squares at 56.35, which is the sum of squared deviations for the predicted Franklin Covey price change compared to its average price change.

About Franklin Covey 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 Franklin Covey 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 Franklin Covey based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Franklin Covey price pattern first instead of the macroeconomic environment surrounding Franklin Covey. By analyzing Franklin Covey'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 Franklin Covey'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 Franklin Covey specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.01160.011
Price To Sales Ratio2.391.49

Franklin Covey March 29, 2024 Technical Indicators

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

Franklin Covey 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 Franklin 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 Franklin Covey offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Covey'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 Franklin Covey Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Covey Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.
Note that the Franklin Covey information on this page should be used as a complementary analysis to other Franklin Covey'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Franklin Stock analysis

When running Franklin Covey's price analysis, check to measure Franklin Covey'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 Franklin Covey is operating at the current time. Most of Franklin Covey's value examination focuses on studying past and present price action to predict the probability of Franklin Covey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Covey's price. Additionally, you may evaluate how the addition of Franklin Covey to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Covey'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 Franklin Covey. If investors know Franklin 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 Franklin Covey 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
(0.50)
Earnings Share
1.28
Revenue Per Share
20.952
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0744
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey'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 Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey'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 Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey'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.