Lear Stock Technical Analysis

LEA
 Stock
  

USD 140.05  4.19  2.90%   

As of the 1st of December, Lear secures the Mean Deviation of 1.98, downside deviation of 2.43, and Risk Adjusted Performance of 0.0517. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lear, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Lear, which can be compared to its peers in the industry. Please verify Lear variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Lear Corporation is priced some-what accurately, providing market reflects its recent price of 140.05 per share. Given that Lear has jensen alpha of (0.017276), we recommend you to check Lear's last-minute market performance to make sure the company can sustain itself at a future point.
  

Lear Momentum Analysis

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

Lear Analyst Consensus

Target PriceAdvice# of Analysts
190.27Hold11Odds
Lear Corporation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Lear 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 Lear stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lear, talking to its executives and customers, or listening to Lear conference calls.
Lear Analyst Advice Details
Lear 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 Lear technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lear 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...

Lear Technical Analysis

Indicator
Time Period
Execute Indicator
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 Lear volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Lear Trend Analysis

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

Lear Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lear Corporation applied against its price change over selected period. The best fit line has a slop of   0.20  , which may imply that Lear Corporation will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1558.56, which is the sum of squared deviations for the predicted Lear price change compared to its average price change.

About Lear 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 Lear Corporation 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 Lear Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lear price pattern first instead of the macroeconomic environment surrounding Lear. By analyzing Lear'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 Lear'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 Lear specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.530.510.560.48
Interest Coverage11.634.567.3611.52

Lear December 1, 2022 Technical Indicators

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

Lear December 1, 2022 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 Lear 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.
Additionally, see Correlation Analysis. Note that the Lear information on this page should be used as a complementary analysis to other Lear'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Lear Stock analysis

When running Lear price analysis, check to measure Lear'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 Lear is operating at the current time. Most of Lear's value examination focuses on studying past and present price action to predict the probability of Lear's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lear's price. Additionally, you may evaluate how the addition of Lear to your portfolios can decrease your overall portfolio volatility.
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Is Lear'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 Lear. If investors know Lear 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 Lear 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 YOY
(0.61) 
Market Capitalization
8.5 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0352
Return On Equity
0.0699
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear'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 Lear's market value can be influenced by many factors that don't directly affect Lear'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 Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine Lear value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear'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.