Mastech Holdings Stock Technical Analysis

MHH Stock  USD 8.87  0.03  0.34%   
As of the 20th of April, Mastech Holdings secures the Mean Deviation of 1.12, downside deviation of 1.42, and Risk Adjusted Performance of 0.0585. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mastech Holdings, 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 analyze and collected data for nineteen technical drivers for Mastech Holdings, which can be compared to its peers in the industry. Please verify Mastech Holdings information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Mastech Holdings is priced some-what accurately, providing market reflects its recent price of 8.87 per share. Given that Mastech Holdings has jensen alpha of 0.0916, we recommend you to check Mastech Holdings's last-minute market performance to make sure the company can sustain itself at a future point.

Mastech Holdings Momentum Analysis

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

Mastech Holdings Analyst Consensus

Target PriceAdvice# of Analysts
25.25Strong Sell0Odds
Mastech Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Mastech 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 Mastech stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Mastech Holdings, talking to its executives and customers, or listening to Mastech conference calls.
Mastech Analyst Advice Details
Mastech Holdings 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 Mastech Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mastech Holdings 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...

Mastech Holdings Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Mastech Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mastech Holdings Trend Analysis

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

Mastech Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mastech Holdings applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Mastech Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1.47, which is the sum of squared deviations for the predicted Mastech Holdings price change compared to its average price change.

About Mastech Holdings 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 Mastech Holdings 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 Mastech Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mastech Holdings price pattern first instead of the macroeconomic environment surrounding Mastech Holdings. By analyzing Mastech Holdings'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 Mastech Holdings'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 Mastech Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.02090.0199
Price To Sales Ratio0.490.3

Mastech Holdings April 20, 2024 Technical Indicators

Most technical analysis of Mastech 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 Mastech from various momentum indicators to cycle indicators. When you analyze Mastech 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.
When determining whether Mastech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mastech Holdings' 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 Mastech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastech Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.
Note that the Mastech Holdings information on this page should be used as a complementary analysis to other Mastech Holdings' 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Mastech Stock analysis

When running Mastech Holdings' price analysis, check to measure Mastech Holdings' 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 Mastech Holdings is operating at the current time. Most of Mastech Holdings' value examination focuses on studying past and present price action to predict the probability of Mastech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mastech Holdings' price. Additionally, you may evaluate how the addition of Mastech Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Mastech Holdings' 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 Mastech Holdings. If investors know Mastech 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 Mastech Holdings 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
(0.95)
Earnings Share
(0.61)
Revenue Per Share
17.317
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.01)
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' 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 Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' 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 Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' 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.