Paragon 28 Stock Technical Analysis

FNA Stock  USD 10.31  0.32  3.20%   
As of the 1st of December, Paragon 28 holds the Risk Adjusted Performance of 0.0729, semi deviation of 4.1, and Coefficient Of Variation of 1192.91. Paragon 28 technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices.

Paragon 28 Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Paragon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Paragon
  
Paragon 28'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.

Paragon 28 Analyst Consensus

Target PriceAdvice# of Analysts
25.43Strong Buy7Odds
Paragon 28 current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Paragon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Paragon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Paragon 28, talking to its executives and customers, or listening to Paragon conference calls.
Paragon Analyst Advice Details
Paragon 28 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 Paragon 28 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Paragon 28 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...

Paragon 28 Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Paragon 28 volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Paragon 28 Trend Analysis

Use this graph to draw trend lines for Paragon 28. You can use it to identify possible trend reversals for Paragon 28 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 Paragon 28 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Paragon 28 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Paragon 28 applied against its price change over selected period. The best fit line has a slop of   0.05  , which may imply that Paragon 28 will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 102.03, which is the sum of squared deviations for the predicted Paragon 28 price change compared to its average price change.

About Paragon 28 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 Paragon 28 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 Paragon 28 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Paragon 28 price pattern first instead of the macroeconomic environment surrounding Paragon 28. By analyzing Paragon 28'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 Paragon 28'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 Paragon 28 specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding66.4877.0864.2978.09
PTB Ratio7.0410.415.745.45

Paragon 28 December 1, 2024 Technical Indicators

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

When running Paragon 28's price analysis, check to measure Paragon 28'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 Paragon 28 is operating at the current time. Most of Paragon 28's value examination focuses on studying past and present price action to predict the probability of Paragon 28's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paragon 28's price. Additionally, you may evaluate how the addition of Paragon 28 to your portfolios can decrease your overall portfolio volatility.
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