Live Nation Entertainment Stock Technical Analysis

LYV Stock  USD 105.77  1.04  0.97%   
As of the 29th of March, Live Nation secures the Mean Deviation of 1.14, risk adjusted performance of 0.0941, and Downside Deviation of 1.34. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Live Nation Entertainment, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Live Nation, which can be compared to its peers in the industry. Please verify Live Nation Entertainment jensen alpha and semi variance to decide if Live Nation Entertainment is priced some-what accurately, providing market reflects its recent price of 105.77 per share. Given that Live Nation Entertainment has jensen alpha of 0.0557, we recommend you to check Live Nation's last-minute market performance to make sure the company can sustain itself at a future point.

Live Nation Momentum Analysis

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

Live Nation Analyst Consensus

Target PriceAdvice# of Analysts
108.76Strong Buy20Odds
Live Nation Entertainment current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Live 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 Live stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Live Nation Entertainment, talking to its executives and customers, or listening to Live conference calls.
Live Analyst Advice Details
Live Nation 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 Live Nation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Live Nation 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...

Live Nation Entertainment 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 Live Nation Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Live Nation Entertainment Trend Analysis

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

Live Nation Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Live Nation Entertainment applied against its price change over selected period. The best fit line has a slop of   0.31  , which may imply that Live Nation Entertainment will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3572.68, which is the sum of squared deviations for the predicted Live Nation price change compared to its average price change.

About Live Nation 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 Live Nation Entertainment 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 Live Nation Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Live Nation Entertainment price pattern first instead of the macroeconomic environment surrounding Live Nation Entertainment. By analyzing Live Nation'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 Live Nation'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 Live Nation specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2024 (projected)
Dividend Yield0.0017650.0049060.00536
Price To Sales Ratio4.140.940.82

Live Nation March 29, 2024 Technical Indicators

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

Live Nation 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 Live 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 Live Nation Entertainment is a strong investment it is important to analyze Live Nation'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 Live Nation's future performance. For an informed investment choice regarding Live Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Nation Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Live Stock analysis

When running Live Nation's price analysis, check to measure Live Nation'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 Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.
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Is Live Nation'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 Live Nation. If investors know Live 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 Live Nation 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
0.281
Earnings Share
1.37
Revenue Per Share
99.502
Quarterly Revenue Growth
0.361
Return On Assets
0.0384
The market value of Live Nation Entertainment is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Nation's value that differs from its market value or its book value, called intrinsic value, which is Live Nation'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 Live Nation's market value can be influenced by many factors that don't directly affect Live Nation'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 Live Nation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Nation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Nation'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.