Palayan Resources Stock Technical Analysis

PLYN Stock  USD 0.0001  0.00  0.00%   
As of the 4th of December, Palayan Resources holds the Semi Deviation of 22.37, coefficient of variation of 579.18, and Risk Adjusted Performance of 0.1417. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Palayan Resources, as well as the relationship between them.

Palayan 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 Palayan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Palayan
  
Palayan 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.
Palayan 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 Palayan Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Palayan 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...

Palayan 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 Palayan Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Palayan Resources Trend Analysis

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

Palayan Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Palayan Resources applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Palayan 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 Palayan Resources price change compared to its average price change.

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

Palayan Resources December 4, 2024 Technical Indicators

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

Other Information on Investing in Palayan Pink Sheet

Palayan Resources financial ratios help investors to determine whether Palayan Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Palayan with respect to the benefits of owning Palayan Resources security.