La-Z-Boy Stock Momentum Indicators Commodity Channel Index

LZB
 Stock
  

USD 23.90  0.54  2.21%   

La-Z-Boy Incorporated momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against La-Z-Boy Incorporated. La-Z-Boy Incorporated 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 momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of La-Z-Boy Incorporated are pattern recognition functions that provide distinct formation on La-Z-Boy Incorporated potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Commodity Channel Index (CCI) is designed to detect La-Z-Boy Incorporated beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of La-Z-Boy Incorporated is making new highs, and the CCI is not, then a price correction is likely to happen soon.
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La-Z-Boy Incorporated Technical Analysis Modules

Most technical analysis of La-Z-Boy Incorporated 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 La-Z-Boy from various momentum indicators to cycle indicators. When you analyze La-Z-Boy 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 La-Z-Boy Incorporated 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 La-Z-Boy Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of La-Z-Boy Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing La-Z-Boy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build La-Z-Boy Incorporated's daily price indicators and compare them against related drivers, such as momentum indicators 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 La-Z-Boy Incorporated's intrinsic value. In addition to deriving basic predictive indicators for La-Z-Boy Incorporated, we also check how macroeconomic factors affect La-Z-Boy Incorporated price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 (projected)
Long Term Debt to Equity0.0010790.001107
Interest Coverage18.4818.97
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of La-Z-Boy Incorporated's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of La-Z-Boy Incorporated in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
21.7324.4127.09
Details
Intrinsic
Valuation
LowReal ValueHigh
22.0029.8832.56
Details
Naive
Forecast
LowNext ValueHigh
20.5423.2325.91
Details
2 Analysts
Consensus
LowTarget PriceHigh
46.0046.0046.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as La-Z-Boy Incorporated. Your research has to be compared to or analyzed against La-Z-Boy Incorporated's peers to derive any actionable benefits. When done correctly, La-Z-Boy Incorporated's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in La-Z-Boy Incorporated.

Become 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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Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested over 90 shares
Marketing
Invested over 90 shares
Additionally, see Correlation Analysis. Note that the La-Z-Boy Incorporated information on this page should be used as a complementary analysis to other La-Z-Boy Incorporated'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running La-Z-Boy Incorporated price analysis, check to measure La-Z-Boy Incorporated'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 La-Z-Boy Incorporated is operating at the current time. Most of La-Z-Boy Incorporated's value examination focuses on studying past and present price action to predict the probability of La-Z-Boy Incorporated's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move La-Z-Boy Incorporated's price. Additionally, you may evaluate how the addition of La-Z-Boy Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is La-Z-Boy Incorporated'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 La-Z-Boy Incorporated. If investors know La-Z-Boy 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 La-Z-Boy Incorporated 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
0.201
Market Capitalization
B
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0785
Return On Equity
-100 K
The market value of La-Z-Boy Incorporated is measured differently than its book value, which is the value of La-Z-Boy that is recorded on the company's balance sheet. Investors also form their own opinion of La-Z-Boy Incorporated's value that differs from its market value or its book value, called intrinsic value, which is La-Z-Boy Incorporated'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 La-Z-Boy Incorporated's market value can be influenced by many factors that don't directly affect La-Z-Boy Incorporated'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 La-Z-Boy Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine La-Z-Boy Incorporated value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La-Z-Boy Incorporated'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.