Stock Analysis on Ebix Inc

ebixStock Analysis on Ebix Inc (EBIX)
Date of Analysis: 31st October 2014
Last Updated on: Same as above date
Current Price: $14.66

Fundamental Analysis

Intrinsic Value (How much it’s worth based on it’s financial records): $11.26

EBIX has got good financial records based on its financial records.

Technical Analysis

On the big timeframe, on the Monthly Chart, it shows a downtrend as its making a series of lower highs and lower lows. On this timeframe, it will move and head towards $2.31.

 

EbixMonthly
EBIX Monthly Chart

 

Based on the weekly chart, EBIX will go down till it reaches $7.86.

Ebix-Weekly
EBIX Weekly Chart

 

Summary

The bigger timeframes have control over the smaller ones and so EBIX will continue its downtrend to $2.31.

 

Disclaimer: Readers are advised to practice their own due diligence before making any decisions. The reader understands the risks involved in trading.

Additional Notes: If you would like us to analyze any other stocks, feel free to drop us a note over at our contact page. Do note that we do not analyze IPOs due to insufficient financial data. Stocks with 5 to 10 years history are ideal (10 years would be even better).

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