Werner Enterprises Stock Technical Analysis

WERN Stock  USD 39.12  0.55  1.43%   
As of the 29th of March, Werner Enterprises maintains the Market Risk Adjusted Performance of (0.08), mean deviation of 1.27, and Standard Deviation of 1.62. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Werner Enterprises, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Werner Enterprises, which can be compared to its rivals. Please check out Werner Enterprises market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Werner Enterprises is priced fairly, providing market reflects its latest price of 39.12 per share. Given that Werner Enterprises has information ratio of (0.16), we strongly advise you to confirm Werner Enterprises's prevalent market performance to make sure the company can sustain itself at a future point.

Werner Enterprises Momentum Analysis

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

Werner Enterprises Analyst Consensus

Target PriceAdvice# of Analysts
46.13Buy15Odds
Werner Enterprises current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Werner 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 Werner stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Werner Enterprises, talking to its executives and customers, or listening to Werner conference calls.
Werner Analyst Advice Details
Werner Enterprises 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 Werner Enterprises technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Werner Enterprises 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...

Werner Enterprises Technical Analysis

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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 Werner Enterprises volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Werner Enterprises Trend Analysis

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

Werner Enterprises Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Werner Enterprises applied against its price change over selected period. The best fit line has a slop of   0.05  , which may suggest that Werner Enterprises market price will keep on failing further. It has 122 observation points and a regression sum of squares at 96.79, which is the sum of squared deviations for the predicted Werner Enterprises price change compared to its average price change.

About Werner Enterprises 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 Werner Enterprises 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 Werner Enterprises based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Werner Enterprises price pattern first instead of the macroeconomic environment surrounding Werner Enterprises. By analyzing Werner Enterprises'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 Werner Enterprises'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 Werner Enterprises specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio12.4110.723.8919.26
Short Term Coverage Ratios66.5671.79189.75199.23

Werner Enterprises March 29, 2024 Technical Indicators

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

Werner Enterprises March 29, 2024 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 Werner 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.
When determining whether Werner Enterprises offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Werner Enterprises' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Werner Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Werner Enterprises Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Werner Enterprises' price analysis, check to measure Werner Enterprises' 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 Werner Enterprises is operating at the current time. Most of Werner Enterprises' value examination focuses on studying past and present price action to predict the probability of Werner Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Werner Enterprises' price. Additionally, you may evaluate how the addition of Werner Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is Werner Enterprises' 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 Werner Enterprises. If investors know Werner 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 Werner Enterprises 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
(0.61)
Dividend Share
0.55
Earnings Share
1.76
Revenue Per Share
51.811
Quarterly Revenue Growth
(0.05)
The market value of Werner Enterprises is measured differently than its book value, which is the value of Werner that is recorded on the company's balance sheet. Investors also form their own opinion of Werner Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Werner Enterprises' 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 Werner Enterprises' market value can be influenced by many factors that don't directly affect Werner Enterprises' 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 Werner Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Werner Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Werner Enterprises' 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.