Bollinger Band Analysis Review of Splunk, Inc. (NASDAQ:SPLK)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Splunk, Inc. (NASDAQ:SPLK) for the period of 9-Day stands at 85.24% while the stochastic %D for the same period stands at 84.76%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Splunk, Inc. (NASDAQ:SPLK) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Splunk, Inc. (NASDAQ:SPLK) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Splunk, Inc. (NASDAQ:SPLK)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Splunk Inc. provides a software platform, which collects and indexes data and enables users to search, correlate, analyze, monitor and report on this data, all in real time. Its software is designed to help users in various roles, including IT and business professionals. Splunk Inc. is based in San Francisco, California.

Previous Day Activity Analysis

On the last trading day, Splunk, Inc. (NASDAQ:SPLK) opened the session at $70.36 and after going down -1.47% closed at $69.74. The stock lost -0.62 points in the last trade.

Splunk, Inc. (NASDAQ:SPLK)’s stock fluctuated in the range of $69.71 and $70.96 during the previous active session. Splunk, Inc. (NASDAQ:SPLK) traded with the volume of 1.85 Million with average volume of 1.64 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 2.01 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.51 and 62.47 respectively.

Currently the Insider Ownership of the shares of Splunk, Inc. (NASDAQ:SPLK) is at 1.1% and the shares outstanding are 142.08 Million.

Important Ratio Analysis

Some important ratios to consider here for Splunk, Inc. (NASDAQ:SPLK) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 85.47.

The Price to Sale P/S and Price to Book P/B shows the value of 9.23 and 12.63 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 9.15 and 57.37 correspondingly.

The Quick Ratio of Splunk, Inc. (NASDAQ:SPLK) stands at 2 while the Current Ratio depicts the value of 2.

Return on Assets ROA of Splunk, Inc. (NASDAQ:SPLK) is at -21.1% whereas, Return on Equity ROE and Return of Investment ROI of Splunk, Inc. (NASDAQ:SPLK) stand at -44.6% and -43.4% respectively.

Stock Performance Analysis

The stock performance of Splunk, Inc. (NASDAQ:SPLK) on the basis of 5 day trade show the jump of 3.12% whereas, the monthly performance of the stock shows increase of 9.84%.

The quarterly performance of the stock remained in green zone with the value of 19.01% while six month performance of the shares of Splunk, Inc. (NASDAQ:SPLK) remained bullish with the count of 2.11%.

The yearly and YTD performance of Splunk, Inc. (NASDAQ:SPLK) remained up at 20.76% and 36.34% respectively.