Alcon Ag Stock Pattern Recognition On Neck Pattern

ALC Stock  USD 87.49  0.60  0.69%   
Alcon AG pattern recognition tool provides the execution environment for running the On Neck Pattern recognition and other technical functions against Alcon AG. Alcon AG 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 pattern recognition indicators. As with most other technical indicators, the On Neck Pattern recognition function is designed to identify and follow existing trends. Alcon AG momentum indicators are usually used to generate trading rules based on assumptions that Alcon AG trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The On-Neck Pattern may describe Alcon AG bearish continuation signal.

Alcon AG Technical Analysis Modules

Most technical analysis of Alcon AG 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 Alcon from various momentum indicators to cycle indicators. When you analyze Alcon 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 Alcon AG 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 Alcon AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alcon AG based on widely used predictive technical indicators. In general, we focus on analyzing Alcon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alcon AG's daily price indicators and compare them against related drivers, such as pattern recognition 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 Alcon AG's intrinsic value. In addition to deriving basic predictive indicators for Alcon AG, we also check how macroeconomic factors affect Alcon AG price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.0030660.0032150.002013
Price To Sales Ratio3.863.824.64
Hype
Prediction
LowEstimatedHigh
85.6986.9388.17
Details
Intrinsic
Valuation
LowRealHigh
78.2091.8393.07
Details
Naive
Forecast
LowNextHigh
85.7286.9688.20
Details
28 Analysts
Consensus
LowTargetHigh
84.9093.30103.56
Details

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Alcon AG offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcon AG's 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 Alcon Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcon Ag Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 Alcon AG. If investors know Alcon 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 Alcon AG 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
0.324
Earnings Share
2.22
Revenue Per Share
19.52
Quarterly Revenue Growth
0.031
Return On Assets
0.025
The market value of Alcon AG is measured differently than its book value, which is the value of Alcon that is recorded on the company's balance sheet. Investors also form their own opinion of Alcon AG's value that differs from its market value or its book value, called intrinsic value, which is Alcon AG'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 Alcon AG's market value can be influenced by many factors that don't directly affect Alcon AG'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 Alcon AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcon AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcon AG'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.