Pan African (South Africa) Technical Analysis

PAN Stock   812.00  17.00  2.14%   
As of the 30th of November, Pan African holds the Coefficient Of Variation of 1105.36, risk adjusted performance of 0.076, and Semi Deviation of 2.09. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pan African, as well as the relationship between them. Please check Pan African Resources value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Pan African Resources is priced some-what accurately, providing market reflects its current price of 812.0 per share.

Pan African Momentum Analysis

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

Pan African Resources Technical Analysis

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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 Pan African Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pan African Resources Trend Analysis

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

Pan African Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pan African Resources applied against its price change over selected period. The best fit line has a slop of   1.33  , which means Pan African Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 67093.37, which is the sum of squared deviations for the predicted Pan African price change compared to its average price change.

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

Pan African November 30, 2024 Technical Indicators

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

Pan African November 30, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Pan stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Pan Stock analysis

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