Astrotech Stock Technical Analysis

ASTC -  USA Stock  

USD 0.43  0.02  4.44%

As of the 26th of June, Astrotech Corp shows the risk adjusted performance of (0.37), and Mean Deviation of 2.45. Astrotech Corp 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Astrotech Corp, which can be compared to its rivals. Please confirm Astrotech Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Astrotech Corp is priced correctly, providing market reflects its regular price of 0.43 per share. As Astrotech Corp is a penny stock we also strongly suggest to validate its total risk alpha numbers.
  
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Astrotech Corp Momentum Analysis

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

Astrotech Corp Analyst Consensus

Target PriceAdvice# of Analysts
5.0Strong Buy1Odds
Astrotech Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Astrotech 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 Astrotech stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Astrotech Corp, talking to its executives and customers, or listening to Astrotech conference calls.
Astrotech Analyst Advice Details
Astrotech Corp 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 Astrotech Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astrotech Corp 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...

Astrotech Corp Technical Analysis

Indicator
Time Period
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Astrotech Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Astrotech Corp Trend Analysis

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

Astrotech Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Astrotech Corp applied against its price change over selected period. The best fit line has a slop of   -0.0041  , which may suggest that Astrotech Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.63, which is the sum of squared deviations for the predicted Astrotech Corp price change compared to its average price change.

About Astrotech Corp 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 Astrotech Corp 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 Astrotech Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Astrotech Corp stock first instead of the macroeconomic environment surrounding Astrotech Corp. By analyzing Astrotech Corp'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 Astrotech Corp'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 Astrotech Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Book Value per Share0.0982.782.513.65
Asset Turnover0.0880.0110.00990.0102

Astrotech Corp June 26, 2022 Technical Indicators

Most technical analysis of Astrotech 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 Astrotech from various momentum indicators to cycle indicators. When you analyze Astrotech 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.
Please continue to Trending Equities. Note that the Astrotech Corp information on this page should be used as a complementary analysis to other Astrotech Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Astrotech Corp price analysis, check to measure Astrotech Corp'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 Astrotech Corp is operating at the current time. Most of Astrotech Corp's value examination focuses on studying past and present price action to predict the probability of Astrotech Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astrotech Corp's price. Additionally, you may evaluate how the addition of Astrotech Corp to your portfolios can decrease your overall portfolio volatility.
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Is Astrotech Corp's industry 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 Astrotech Corp. If investors know Astrotech 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 Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
21.7 M
Quarterly Revenue Growth YOY
0.8
Return On Assets
-0.11
Return On Equity
-0.19
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp'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 Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp'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 Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Astrotech Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp'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.