Ampco-Pittsburgh Stock Technical Analysis


USD 3.19  0.03  0.93%   

As of the 29th of November, Ampco-Pittsburgh shows the risk adjusted performance of (0.07), and Mean Deviation of 3.13. Ampco-Pittsburgh 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 data for nineteen technical drivers for Ampco-Pittsburgh Corp, which can be compared to its rivals. Please confirm Ampco-Pittsburgh Corp jensen alpha, as well as the relationship between the potential upside and skewness to decide if Ampco-Pittsburgh Corp is priced correctly, providing market reflects its regular price of 3.19 per share. Given that Ampco-Pittsburgh has jensen alpha of (0.27), we suggest you to validate Ampco-Pittsburgh Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Ampco-Pittsburgh Momentum Analysis

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

Ampco-Pittsburgh Analyst Consensus

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

Ampco-Pittsburgh Corp Technical Analysis

The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Ampco-Pittsburgh Corp volatility developed by Welles Wilder.

Ampco-Pittsburgh Corp Trend Analysis

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

Ampco-Pittsburgh Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ampco-Pittsburgh Corp applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may indicate that the price for Ampco-Pittsburgh Corp will continue to decline. It has 122 observation points and a regression sum of squares at 15.19, which is the sum of squared deviations for the predicted Ampco-Pittsburgh price change compared to its average price change.

About Ampco-Pittsburgh 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 Ampco-Pittsburgh 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 Ampco-Pittsburgh Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ampco-Pittsburgh Corp price pattern first instead of the macroeconomic environment surrounding Ampco-Pittsburgh Corp. By analyzing Ampco-Pittsburgh'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 Ampco-Pittsburgh'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 Ampco-Pittsburgh specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 (projected)
Long Term Debt to Equity0.50.45
Interest Coverage1.851.9

Ampco-Pittsburgh November 29, 2022 Technical Indicators

Most technical analysis of Ampco-Pittsburgh 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 Ampco-Pittsburgh from various momentum indicators to cycle indicators. When you analyze Ampco-Pittsburgh 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.

Ampco-Pittsburgh November 29, 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 Ampco-Pittsburgh 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.
Please continue to Trending Equities. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for analysis

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