Shattuck Labs Stock Momentum Indicators Average Directional Movement Index Rating

STTK Stock  USD 1.38  0.07  4.83%   
Shattuck Labs momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Shattuck Labs. Shattuck Labs value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Shattuck Labs are pattern recognition functions that provide distinct formation on Shattuck Labs potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Shattuck Labs is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Shattuck Labs ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Shattuck Labs Technical Analysis Modules

Most technical analysis of Shattuck Labs 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 Shattuck from various momentum indicators to cycle indicators. When you analyze Shattuck charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Shattuck Labs Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shattuck Labs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shattuck Labs based on widely used predictive technical indicators. In general, we focus on analyzing Shattuck Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shattuck Labs's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Shattuck Labs's intrinsic value. In addition to deriving basic predictive indicators for Shattuck Labs, we also check how macroeconomic factors affect Shattuck Labs price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Current Ratio11.727.3912.517.66
Net Debt To EBITDA2.10.421.382.65
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shattuck Labs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.102.0810.53
Details
Intrinsic
Valuation
LowRealHigh
0.214.2712.72
Details
Naive
Forecast
LowNextHigh
0.041.9110.36
Details
5 Analysts
Consensus
LowTargetHigh
11.6512.8014.21
Details

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When determining whether Shattuck Labs is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shattuck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shattuck Labs Stock. Highlighted below are key reports to facilitate an investment decision about Shattuck Labs Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shattuck Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Shattuck Stock please use our How to buy in Shattuck Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Biotechnology space 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 Shattuck Labs. If investors know Shattuck 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 Shattuck Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.85)
Revenue Per Share
0.088
Quarterly Revenue Growth
7.045
Return On Assets
(0.40)
Return On Equity
(0.68)
The market value of Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' 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 Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' 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 Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' 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.