Select Energy Services Stock Technical Analysis
| WTTR Stock | USD 10.31 0.29 2.74% |
As of the 1st of November, Select Energy has the Risk Adjusted Performance of (0.06), variance of 5.81, and Coefficient Of Variation of (1,111). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Select Energy Services, as well as the relationship between them. Please validate Select Energy Services information ratio and kurtosis to decide if Select Energy is priced more or less accurately, providing market reflects its prevalent price of 10.31 per share. Given that Select Energy Services has information ratio of (0.12), we advise you to double-check Select Energy Services's current market performance to make sure the company can sustain itself at a future point.
Select Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Select, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SelectSelect |
Select Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.1 | Strong Buy | 5 | Odds |
Most Select 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 Select stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Select Energy Services, talking to its executives and customers, or listening to Select conference calls.
Select Energy 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.
Select Energy Services Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Select Energy Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Select Energy Services Trend Analysis
Use this graph to draw trend lines for Select Energy Services. You can use it to identify possible trend reversals for Select Energy 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 Select Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Select Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Select Energy Services applied against its price change over selected period. The best fit line has a slop of 0.0003 , which may suggest that Select Energy Services market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Select Energy price change compared to its average price change.About Select Energy 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 Select Energy Services 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 Select Energy Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Select Energy Services price pattern first instead of the macroeconomic environment surrounding Select Energy Services. By analyzing Select Energy'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 Select Energy'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 Select Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0324 | 0.034 | Price To Sales Ratio | 0.49 | 0.46 |
Select Energy November 1, 2024 Technical Indicators
Most technical analysis of Select 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 Select from various momentum indicators to cycle indicators. When you analyze Select 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.91 | |||
| Coefficient Of Variation | (1,111) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.81 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 9.95 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 2.87 | |||
| Skewness | (0.73) | |||
| Kurtosis | 1.02 |
Select Energy November 1, 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 Select 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.
| Accumulation Distribution | 27,039 | ||
| Daily Balance Of Power | (0.73) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 10.50 | ||
| Day Typical Price | 10.44 | ||
| Price Action Indicator | (0.33) |
Additional Tools for Select Stock Analysis
When running Select Energy's price analysis, check to measure Select Energy'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 Select Energy is operating at the current time. Most of Select Energy's value examination focuses on studying past and present price action to predict the probability of Select Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Energy's price. Additionally, you may evaluate how the addition of Select Energy to your portfolios can decrease your overall portfolio volatility.