Splunk Stock Technical Analysis

SPLK
 Stock
  

USD 97.56  0.30  0.31%   

As of the 27th of June, Splunk has the Risk Adjusted Performance of 0.1795, coefficient of variation of 887.18, and Semi Deviation of 4.3. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Splunk Inc, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Splunk Inc, which can be compared to its competition. Please validate Splunk Inc standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Splunk is priced more or less accurately, providing market reflects its prevalent price of 97.56 per share. Given that Splunk Inc has jensen alpha of 0.7299, we advise you to double-check Splunk Inc's current market performance to make sure the company can sustain itself at a future point.
  
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Splunk Momentum Analysis

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

Splunk Analyst Consensus

Target PriceAdvice# of Analysts
164.0Buy22Odds
Splunk Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Splunk 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 Splunk stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Splunk Inc, talking to its executives and customers, or listening to Splunk conference calls.
Splunk Analyst Advice Details
Splunk 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 Splunk technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Splunk 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...

Splunk Inc Technical Analysis

Indicator
Time Period
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Splunk Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Splunk Inc Trend Analysis

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

Splunk Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Splunk Inc applied against its price change over selected period. The best fit line has a slop of   -0.76  , which may suggest that Splunk Inc market price will keep on failing further. It has 34 observation points and a regression sum of squares at 476.17, which is the sum of squared deviations for the predicted Splunk price change compared to its average price change.

About Splunk 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 Splunk Inc 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 Splunk Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Splunk Inc stock first instead of the macroeconomic environment surrounding Splunk Inc. By analyzing Splunk'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 Splunk'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 Splunk specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
PPandE Turnover14.9713.0915.0515.72
Long Term Debt to Equity0.861.441.31.16

Splunk June 27, 2022 Technical Indicators

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

Splunk June 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 Splunk 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, take a look at World Market Map. Note that the Splunk Inc information on this page should be used as a complementary analysis to other Splunk'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Splunk Stock analysis

When running Splunk Inc price analysis, check to measure Splunk'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 Splunk is operating at the current time. Most of Splunk's value examination focuses on studying past and present price action to predict the probability of Splunk's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Splunk's price. Additionally, you may evaluate how the addition of Splunk to your portfolios can decrease your overall portfolio volatility.
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Is Splunk'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 Splunk. If investors know Splunk 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 Splunk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
15.7 B
Quarterly Revenue Growth YOY
0.34
Return On Assets
-0.12
Return On Equity
-4.01
The market value of Splunk Inc is measured differently than its book value, which is the value of Splunk that is recorded on the company's balance sheet. Investors also form their own opinion of Splunk's value that differs from its market value or its book value, called intrinsic value, which is Splunk'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 Splunk's market value can be influenced by many factors that don't directly affect Splunk'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 Splunk's value and its price as these two are different measures arrived at by different means. Investors typically determine Splunk value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Splunk'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.