Payfare Stock Technical Analysis

PYFRF Stock  USD 1.57  0.01  0.63%   
As of the 17th of December 2024, Payfare holds the Risk Adjusted Performance of (0.07), coefficient of variation of (960.16), and Variance of 97.4. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Payfare, 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 interpolate data for thirteen technical drivers for Payfare, which can be compared to its competitors. Please check Payfare standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Payfare is priced some-what accurately, providing market reflects its current price of 1.57 per share. Please also confirm Payfare jensen alpha, which is currently at (1.02) to check out the company can sustain itself at a future point.

Payfare Momentum Analysis

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

Payfare Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Payfare volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Payfare Trend Analysis

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

Payfare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Payfare applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Payfare market price will keep on failing further. It has 122 observation points and a regression sum of squares at 49.31, which is the sum of squared deviations for the predicted Payfare price change compared to its average price change.

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

Payfare December 17, 2024 Technical Indicators

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

Payfare December 17, 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 Payfare 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 Payfare OTC Stock analysis

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