Fortrea Holdings Stock Momentum Indicators Commodity Channel Index

FTRE Stock   19.36  0.19  0.99%   
Fortrea Holdings momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Fortrea Holdings. Fortrea Holdings 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 Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Fortrea Holdings are pattern recognition functions that provide distinct formation on Fortrea Holdings 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.

Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Commodity Channel Index (CCI) is designed to detect Fortrea Holdings beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Fortrea Holdings is making new highs, and the CCI is not, then a price correction is likely to happen soon.

Fortrea Holdings Technical Analysis Modules

Most technical analysis of Fortrea Holdings 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 Fortrea from various momentum indicators to cycle indicators. When you analyze Fortrea 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 Fortrea Holdings 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 Fortrea Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortrea Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Fortrea Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortrea Holdings'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 Fortrea Holdings's intrinsic value. In addition to deriving basic predictive indicators for Fortrea Holdings, we also check how macroeconomic factors affect Fortrea Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2022 2023 2024 (projected)
Days Sales Outstanding113.39120.51126.196.0
PTB Ratio0.870.851.780.94
Hype
Prediction
LowEstimatedHigh
14.2219.4124.60
Details
Intrinsic
Valuation
LowRealHigh
17.4722.6627.85
Details
12 Analysts
Consensus
LowTargetHigh
26.0928.6731.82
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.120.130.14
Details

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When determining whether Fortrea Holdings is a strong investment it is important to analyze Fortrea Holdings' 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 Fortrea Holdings' future performance. For an informed investment choice regarding Fortrea Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortrea Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Life Sciences Tools & Services 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 Fortrea Holdings. If investors know Fortrea 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 Fortrea 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
(0.57)
Earnings Share
(2.44)
Revenue Per Share
33.34
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.01)
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea 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 Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea 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 Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea 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.