Pershing Resources Stock Technical Analysis

PSGR Stock  USD 0.01  0.0005  4.35%   
As of the 23rd of April, Pershing Resources holds the Variance of 69.71, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,381). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pershing Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Pershing Resources, which can be compared to its competitors. Please check Pershing Resources risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Pershing Resources is priced some-what accurately, providing market reflects its current price of 0.012 per share. As Pershing Resources appears to be a penny stock we also advise to check out its jensen alpha numbers.

Pershing Resources Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pershing, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Pershing
  
Pershing Resources' 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.
Pershing Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Pershing Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pershing Resources 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...

Pershing Resources Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Pershing Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pershing Resources Trend Analysis

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

Pershing Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pershing Resources applied against its price change over selected period. The best fit line has a slop of   0.0002  , which may suggest that Pershing Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Pershing Resources price change compared to its average price change.

About Pershing Resources 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 Pershing Resources 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 Pershing Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pershing Resources price pattern first instead of the macroeconomic environment surrounding Pershing Resources. By analyzing Pershing Resources'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 Pershing Resources'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 Pershing Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.

Pershing Resources April 23, 2024 Technical Indicators

Most technical analysis of Pershing 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 Pershing from various momentum indicators to cycle indicators. When you analyze Pershing 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pershing Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Pershing Resources information on this page should be used as a complementary analysis to other Pershing Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Pershing Pink Sheet analysis

When running Pershing Resources' price analysis, check to measure Pershing Resources' 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 Pershing Resources is operating at the current time. Most of Pershing Resources' value examination focuses on studying past and present price action to predict the probability of Pershing Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pershing Resources' price. Additionally, you may evaluate how the addition of Pershing Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Pershing Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pershing Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pershing Resources' 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.