Fluor Stock Technical Analysis

FLR Stock  USD 39.21  0.39  0.98%   
As of the 20th of April, Fluor shows the Mean Deviation of 1.61, coefficient of variation of 2161.77, and Downside Deviation of 2.97. Fluor technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 break down and interpolate nineteen technical drivers for Fluor, which can be compared to its peers. Please confirm Fluor information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Fluor is priced favorably, providing market reflects its regular price of 39.21 per share. Given that Fluor has jensen alpha of 0.1321, we urge you to verify Fluor's prevailing market performance to make sure the company can sustain itself at a future point.

Fluor Momentum Analysis

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

Fluor Analyst Consensus

Target PriceAdvice# of Analysts
42.0Buy10Odds
Fluor current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Fluor 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 Fluor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Fluor, talking to its executives and customers, or listening to Fluor conference calls.
Fluor Analyst Advice Details
Fluor 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 Fluor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fluor 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...

Fluor Technical Analysis

Indicator
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The output start index for this execution was one with a total number of output elements of sixty. 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 Fluor volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Fluor Trend Analysis

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

Fluor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Fluor applied against its price change over selected period. The best fit line has a slop of   0.05  , which may imply that Fluor will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 109.37, which is the sum of squared deviations for the predicted Fluor price change compared to its average price change.

About Fluor 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 Fluor 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 Fluor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fluor price pattern first instead of the macroeconomic environment surrounding Fluor. By analyzing Fluor'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 Fluor'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 Fluor specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
PTB Ratio2.512.763.03
Dividend Yield0.005490.0079240.004936

Fluor April 20, 2024 Technical Indicators

Most technical analysis of Fluor 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 Fluor from various momentum indicators to cycle indicators. When you analyze Fluor 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.
When determining whether Fluor is a strong investment it is important to analyze Fluor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fluor's future performance. For an informed investment choice regarding Fluor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Fluor Stock analysis

When running Fluor's price analysis, check to measure Fluor'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 Fluor is operating at the current time. Most of Fluor's value examination focuses on studying past and present price action to predict the probability of Fluor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluor's price. Additionally, you may evaluate how the addition of Fluor to your portfolios can decrease your overall portfolio volatility.
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Is Fluor'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 Fluor. If investors know Fluor 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 Fluor 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
13.375
Earnings Share
0.54
Revenue Per Share
103.16
Quarterly Revenue Growth
0.03
Return On Assets
0.0236
The market value of Fluor is measured differently than its book value, which is the value of Fluor that is recorded on the company's balance sheet. Investors also form their own opinion of Fluor's value that differs from its market value or its book value, called intrinsic value, which is Fluor'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 Fluor's market value can be influenced by many factors that don't directly affect Fluor'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 Fluor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fluor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fluor'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.