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ALKT
Stock ticker:
NASDAQ
AS OF
Jun 30, 12:30 PM (EDT)
Price
$13.54
Change
-$0.04 (-0.29%)
Capitalization
1.23B

ALKT Price Prediction, Alkami Technology AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 29, 2022

ALKT in upward trend: price may jump up because it broke its lower Bollinger Band on June 13, 2022

ALKT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 9 of 10 cases where ALKT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 24, 2022. You may want to consider a long position or call options on ALKT as a result. In of 16 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ALKT just turned positive on June 23, 2022. Looking at past instances where ALKT's MACD turned positive, the stock continued to rise in of 9 cases over the following month. The odds of a continued upward trend are .

ALKT moved above its 50-day moving average on June 21, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ALKT crossed bullishly above the 50-day moving average on June 02, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 2 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where ALKT advanced for three days, in of 72 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 10 cases where ALKT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ALKT moved out of overbought territory on June 06, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 4 similar instances where the indicator moved out of overbought territory. In of the 4 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALKT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.591) is normal, around the industry mean (18.403). P/E Ratio (0.000) is within average values for comparable stocks, (126.046). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.373). Dividend Yield (0.000) settles around the average of (0.029) among similar stocks. P/S Ratio (7.508) is also within normal values, averaging (111.814).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ALKT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ALKT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

ALKT is expected to report earnings to rise 67.20% to -8 cents per share on August 03

Alkami Technology ALKT Stock Earnings Reports
Q2'22
Est.
$-0.08
Q1'22
Beat
by $0.01
Q4'21
Beat
by $0.01
Q3'21
Missed
by $0.04
Q2'21
Missed
by $0.06
The last earnings report on May 05 showed earnings per share of -5 cents, beating the estimate of -6 cents. With 20.18K shares outstanding, the current market capitalization sits at 1.23B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Activision Blizzard (NASDAQ:ATVI), NetEase (NASDAQ:NTES), Palo Alto Networks (NYSE:PANW), Atlassian Corp (NASDAQ:TEAM).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 6.05B. The market cap for tickers in the group ranges from 580 to 1.92T. MSFT holds the highest valuation in this group at 1.92T. The lowest valued company is NANN at 580.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -2%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -22%. BHAT experienced the highest price growth at 296%, while EXOD experienced the biggest fall at -79%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -50%. For the same stocks of the Industry, the average monthly volume growth was -15% and the average quarterly volume growth was 32%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 71
Price Growth Rating: 61
SMR Rating: 70
Profit Risk Rating: 88
Seasonality Score: 6 (-100 ... +100)
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published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
5601 Granite Parkway
Phone
+1 877 725-5264
Employees
609
Web
https://www.alkami.com

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ALKT and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, ALKT has been loosely correlated with ESTC. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if ALKT jumps, then ESTC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ALKT
1D Price
Change %
ALKT100%
-0.59%
ESTC - ALKT
65%
Loosely correlated
+1.51%
PD - ALKT
65%
Loosely correlated
+0.16%
DOMO - ALKT
63%
Loosely correlated
+0.23%
SDGR - ALKT
63%
Loosely correlated
-1.15%
NET - ALKT
63%
Loosely correlated
+0.95%
More