Culp Inc Stock Technical Analysis

CULP Stock  USD 5.08  0.17  3.24%   
As of the 12th of November 2024, Culp shows the Risk Adjusted Performance of 0.0777, mean deviation of 1.86, and Downside Deviation of 2.22. Culp Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Culp Momentum Analysis

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

Culp Analyst Consensus

Target PriceAdvice# of Analysts
8.0Strong Sell0Odds
Culp Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Culp 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 Culp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Culp Inc, talking to its executives and customers, or listening to Culp conference calls.
Culp Analyst Advice Details
Culp 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 Culp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Culp 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...

Culp Inc Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Culp Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Culp Inc Trend Analysis

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

Culp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Culp Inc applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Culp Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.66, which is the sum of squared deviations for the predicted Culp price change compared to its average price change.

About Culp 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 Culp Inc 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 Culp Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Culp Inc price pattern first instead of the macroeconomic environment surrounding Culp Inc. By analyzing Culp'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 Culp'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 Culp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2016 2022 2024 (projected)
Dividend Yield0.0720.01530.0165
Price To Sales Ratio0.260.250.29

Culp November 12, 2024 Technical Indicators

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

Culp November 12, 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 Culp 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.

Additional Tools for Culp Stock Analysis

When running Culp's price analysis, check to measure Culp'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 Culp is operating at the current time. Most of Culp's value examination focuses on studying past and present price action to predict the probability of Culp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Culp's price. Additionally, you may evaluate how the addition of Culp to your portfolios can decrease your overall portfolio volatility.