Forecast for Fri 14 Jun 2024 price 5.41
ENGLOBAL CORP stock price forecast for further price development up to 122.55% (time horizon: 1 day) and price target of 3.69 USD. Short-term (time horizon: 2 weeks) ENGLOBAL CORP share price prediction for 2024-06-14 with daily closed price projections
Forecast price change %
Relative Strength Index (RSI)
Revenue 57,638,000.0
Earnings per share -0.06
On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.
xA0; Documents incorporated by reference: None. &# EXHIBITS, FINANCIAL STATEMENT SCHEDULES 64 ITEM 16. Information on our website or any other website is not a part of this Report. &# A significant portion of our revenue is generated through MSAs with our clients. In these instances, only the current unfinished projects are included in our backlog. The Company does not currently match employees’ deferrals. However, these factors can cause our profitability to decline significantly. Oil price have partially recovered, but continue to remain depressed. xA0; Our debt obligations may limit our financial flexibility. As of December 26, 2020, we had projects that had $1.7 million in retainage. We have no major encumbrances related to these properties. &# The outcome of any such claims or proceedings cannot be predicted with certainty. Management does not intend to repurchase any shares in the near future. &# We generally recognize service revenue as soon as the services are performed. This group represents the CODM for ENGlobal. &# xA0; We extend credit to customers in the normal course of business. See Note 4 for details related to property and equipment and related depreciation. The majority of our services are provided under time-and-material contracts. Some time-and-material contracts may have limits not to exceed. For some contracts we may receive advance payments from the customer. Hence, the entire contract is accounted for as one performance obligation. We only had restricted stock awards outstanding during 2020. &# Losses on contracts are recorded in full as they are identified. &# The costs associated with these billings have been expensed as incurred. &# Shares are generally issued from new shares at the time of grant. No shares were repurchased during the year ended December 26, 2020. These assumptions require significant judgment. The research and development tax credit will begin to expire in 2030. From April 2007 until May 2010, he served as Chief Executive Officer. 3) Mr. Hale resigned from the Board on February 23, 2021. &# xA0; 59 ITEM 12. 2) Based on 27,526,176 shares issued and outstanding on March 8, 2021. ( No non-audit services were provided by Moss Adams LLP in 2020 and 2019. &# xA0; Liquidation and Distribution. For some contracts we may receive advance payments from the customer. Hence, the entire contract is accounted for as one performance obligation. Lessee lease liability payments due year three. Description of whom the the restricted stock was issued. Deferred tax liabilities right to use asset. + ReferencesNo definition available. If there is no historical data in the report, use the filing date. Excludes cash and cash equivalents within disposal group and discontinued operation. This excludes temporary equity and is sometimes called permanent equity. X - ReferencesNo definition available. We had no incremental costs that met our materiality threshold in 2020 or 2019.
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Institutional ownership list is based on filling form information
| Holding name | Date | Amount |
|---|---|---|
| A - OSAIC HOLDINGS, INC. | 2023-06-30 | 3000 |
| VANGUARD GROUP INC | 2023-03-31 | 713120 |
| PATRON PARTNERS, LLC | 2022-12-31 | 13500 |
| FIRST NATIONAL TRUST CO | 2023-03-31 | 15000 |
| FOUNDERS FINANCIAL SECURITIES LLC | 2023-03-31 | 17500 |
Fund ownership list is based on filling form information
| Fund name | Date | Amount | Profile |
|---|---|---|---|
| Fidelity Concord Street Trust | 2023-11-30 | 30612 | Long |
| Fidelity Concord Street Trust | 2023-11-30 | 22963 | Long |
| Fidelity Concord Street Trust | 2023-11-30 | 35026 | Long |
| Fidelity Concord Street Trust | 2023-11-30 | 164845 | Long |
| Fidelity Concord Street Trust | 2023-02-28 | 35026 | Long |
Bollinger Bollinger Bands for ENGLOBAL CORP can provide the information where the market is moving based on price information.
ENGLOBAL CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
Converting prices to returns ENGLOBAL CORP.
On-Balance Volume information for ENGLOBAL CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for ENGLOBAL CORP. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for ENGLOBAL CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.
Average Directional Index (ADX) information for ENGLOBAL CORP. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for ENGLOBAL CORP. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for ENGLOBAL CORP. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for ENGLOBAL CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].
Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.
The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.
The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.
Moving Average Crossover
| 52W High | 52W Low | Market Cap |
| Date | Closing price | Prediction was updated |
|---|---|---|
| 2024-05-20 | 3.69 | 2024-04-19 09:00 |
| 2024-05-24 | 4.09 | 2024-04-19 09:00 |
| 2024-05-21 | 3.79 | 2024-04-19 09:00 |
| 2024-05-23 | 3.99 | 2024-04-19 09:00 |
| 2024-05-22 | 3.89 | 2024-04-19 09:00 |
| 2024-06-10 | 5.08 | 2024-04-19 09:00 |
| 2024-06-11 | 5.17 | 2024-04-19 09:00 |
| 2024-06-07 | 5.00 | 2024-04-19 09:00 |
| 2024-06-05 | 4.82 | 2024-04-19 09:00 |
| 2024-05-30 | 4.46 | 2024-04-19 09:00 |
| 2024-05-29 | 4.37 | 2024-04-19 09:00 |
| 2024-06-03 | 4.64 | 2024-04-19 09:00 |
| 2024-06-04 | 4.73 | 2024-04-19 09:00 |
| 2024-05-31 | 4.55 | 2024-04-19 09:00 |
| 2024-05-27 | 4.18 | 2024-04-19 09:00 |
| 2024-05-28 | 4.28 | 2024-04-19 09:00 |
| 2024-06-06 | 4.91 | 2024-04-19 09:00 |
| 2024-06-12 | 5.25 | 2024-04-19 09:00 |
| 2024-06-13 | 5.33 | 2024-04-19 09:00 |
| 2024-06-14 | 5.41 | 2024-04-19 09:00 |
| 2024-05-10 | 3.11 | 2024-04-19 09:00 |
| 2024-05-13 | 3.21 | 2024-04-19 09:00 |
| 2024-05-14 | 3.31 | 2024-04-19 09:00 |
| 2024-05-15 | 3.40 | 2024-04-19 09:00 |
| 2024-05-16 | 3.49 | 2024-04-19 09:00 |
| 2024-04-25 | 2.03 | 2024-04-19 09:00 |
| 2024-04-24 | 1.89 | 2024-04-19 09:00 |
| 2024-05-17 | 3.60 | 2024-04-19 09:00 |
| 2024-04-26 | 2.14 | 2024-04-19 09:00 |
| 2024-04-22 | 1.75 | 2024-04-19 09:00 |
| 2024-04-23 | 1.82 | 2024-04-19 09:00 |
| 2024-05-06 | 2.69 | 2024-04-19 09:00 |
| 2024-05-08 | 2.90 | 2024-04-19 09:00 |
| 2024-05-09 | 3.00 | 2024-04-19 09:00 |
| 2024-05-03 | 2.60 | 2024-04-19 09:00 |
| 2024-04-29 | 2.23 | 2024-04-19 09:00 |
| 2024-04-30 | 2.31 | 2024-04-19 09:00 |
| 2024-05-01 | 2.41 | 2024-04-19 09:00 |
| 2024-05-02 | 2.52 | 2024-04-19 09:00 |
| 2024-05-07 | 2.79 | 2024-04-19 09:00 |
The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.
