Astra Stock Technical Analysis

ASTR -  USA Stock  

USD 2.35  0.09  3.69%

As of the 27th of May, Astra Space shows the risk adjusted performance of (0.06), and Mean Deviation of 4.03. Astra Space 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 Astra Space, which can be compared to its rivals. Please confirm Astra Space variance and potential upside to decide if Astra Space is priced correctly, providing market reflects its regular price of 2.35 per share. Please also double-check Astra Space total risk alpha, which is currently at (0.19) to validate the company can sustain itself at a future point.
  
Refresh

Astra Space Analyst Consensus

Target PriceAdvice# of Analysts
11.0Hold2Odds
Astra Space current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Astra 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 Astra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Astra Space, talking to its executives and customers, or listening to Astra conference calls.
Astra Analyst Advice Details
Astra Space 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 Astra Space technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astra Space 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...

Astra Space Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Normalized Average True Range is used to analyze tradable apportunities for Astra Space across different markets.
.

Astra Space Trend Analysis

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

Astra Space Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Astra Space applied against its price change over selected period. The best fit line has a slop of   -0.03  , which may suggest that Astra Space market price will keep on failing further. It has 122 observation points and a regression sum of squares at 30.24, which is the sum of squared deviations for the predicted Astra Space price change compared to its average price change.

About Astra Space 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 Astra Space 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 Astra Space based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Astra Space stock first instead of the macroeconomic environment surrounding Astra Space. By analyzing Astra Space'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 Astra Space'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 Astra Space specific price patterns or momentum indicators. Please read more on our technical analysis page.

Astra Space May 27, 2022 Technical Indicators

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

Astra Space May 27, 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 Astra 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. Note that the Astra Space information on this page should be used as a complementary analysis to other Astra Space'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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Astra Stock analysis

When running Astra Space price analysis, check to measure Astra Space'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 Astra Space is operating at the current time. Most of Astra Space's value examination focuses on studying past and present price action to predict the probability of Astra Space's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astra Space's price. Additionally, you may evaluate how the addition of Astra Space to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Is Astra Space'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 Astra Space. If investors know Astra 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 Astra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Astra Space is measured differently than its book value, which is the value of Astra that is recorded on the company's balance sheet. Investors also form their own opinion of Astra Space's value that differs from its market value or its book value, called intrinsic value, which is Astra Space'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 Astra Space's market value can be influenced by many factors that don't directly affect Astra Space'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 Astra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine Astra Space value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astra Space'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.