Pioneer Natural (Germany) Technical Analysis

PNK Stock  EUR 0.71  0.11  18.33%   
As of the 16th of June 2024, Pioneer Natural holds the Semi Deviation of 19.15, coefficient of variation of 941.6, and Risk Adjusted Performance of 0.0764. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pioneer Natural, as well as the relationship between them. Please check Pioneer Natural Resources jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Pioneer Natural Resources is priced some-what accurately, providing market reflects its current price of 0.71 per share.

Pioneer Natural Momentum Analysis

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

Pioneer Natural Resources Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Pioneer Natural Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pioneer Natural Resources Trend Analysis

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

Pioneer Natural Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pioneer Natural Resources applied against its price change over selected period. The best fit line has a slop of   5.85  , which may suggest that Pioneer Natural Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1294183.57, which is the sum of squared deviations for the predicted Pioneer Natural price change compared to its average price change.

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

Pioneer Natural June 16, 2024 Technical Indicators

Most technical analysis of Pioneer 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 Pioneer from various momentum indicators to cycle indicators. When you analyze Pioneer 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.

Complementary Tools for Pioneer Stock analysis

When running Pioneer Natural's price analysis, check to measure Pioneer Natural's 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 Pioneer Natural is operating at the current time. Most of Pioneer Natural's value examination focuses on studying past and present price action to predict the probability of Pioneer Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Natural's price. Additionally, you may evaluate how the addition of Pioneer Natural to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules