Ingersoll Rand Stock Technical Analysis

IR Stock  USD 90.57  1.94  2.19%   
As of the 23rd of April, Ingersoll Rand retains the Downside Deviation of 0.9703, market risk adjusted performance of 0.1655, and Risk Adjusted Performance of 0.1084. Ingersoll Rand technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Ingersoll Rand, which can be compared to its competitors. Please check out Ingersoll Rand information ratio, as well as the relationship between the potential upside and kurtosis to decide if Ingersoll Rand is priced fairly, providing market reflects its last-minute price of 90.57 per share. Given that Ingersoll Rand has jensen alpha of 0.0919, we strongly advise you to confirm Ingersoll Rand's regular market performance to make sure the company can sustain itself at a future point.

Ingersoll Rand Momentum Analysis

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

Ingersoll Rand Analyst Consensus

Target PriceAdvice# of Analysts
75.27Buy15Odds
Ingersoll Rand current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ingersoll 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 Ingersoll stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ingersoll Rand, talking to its executives and customers, or listening to Ingersoll conference calls.
Ingersoll Analyst Advice Details
Ingersoll Rand 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 Ingersoll Rand technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ingersoll Rand 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...

Ingersoll Rand Technical Analysis

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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 Ingersoll Rand volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ingersoll Rand Trend Analysis

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

Ingersoll Rand Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ingersoll Rand applied against its price change over selected period. The best fit line has a slop of   0.17  , which suggests that Ingersoll Rand will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 1154.45, which is the sum of squared deviations for the predicted Ingersoll Rand price change compared to its average price change.

About Ingersoll Rand 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 Ingersoll Rand 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 Ingersoll Rand based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ingersoll Rand price pattern first instead of the macroeconomic environment surrounding Ingersoll Rand. By analyzing Ingersoll Rand'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 Ingersoll Rand'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 Ingersoll Rand specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield3.2E-40.001530.0010359.83E-4
Price To Sales Ratio4.983.584.555.16

Ingersoll Rand April 23, 2024 Technical Indicators

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

Ingersoll Rand April 23, 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 Ingersoll 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 Ingersoll Rand is a strong investment it is important to analyze Ingersoll Rand'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 Ingersoll Rand's future performance. For an informed investment choice regarding Ingersoll Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingersoll Rand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Ingersoll Stock analysis

When running Ingersoll Rand's price analysis, check to measure Ingersoll Rand'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 Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.
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Is Ingersoll Rand'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 Ingersoll Rand. If investors know Ingersoll 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 Ingersoll Rand 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
0.046
Dividend Share
0.08
Earnings Share
1.9
Revenue Per Share
16.986
Quarterly Revenue Growth
0.122
The market value of Ingersoll Rand is measured differently than its book value, which is the value of Ingersoll that is recorded on the company's balance sheet. Investors also form their own opinion of Ingersoll Rand's value that differs from its market value or its book value, called intrinsic value, which is Ingersoll Rand'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 Ingersoll Rand's market value can be influenced by many factors that don't directly affect Ingersoll Rand'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 Ingersoll Rand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingersoll Rand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingersoll Rand'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.