Pacific Ridge Exploration Stock Technical Analysis

PEX Stock  CAD 0.11  0.01  8.33%   
As of the 25th of April, Pacific Ridge holds the Variance of 75.85, coefficient of variation of (4,405), and Risk Adjusted Performance of (0). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pacific Ridge, 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 thirteen technical drivers for Pacific Ridge Exploration, which can be compared to its competitors. Please check Pacific Ridge Exploration mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Pacific Ridge Exploration is priced some-what accurately, providing market reflects its current price of 0.11 per share.

Pacific Ridge Momentum Analysis

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

Pacific Ridge Exploration 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 Pacific Ridge Exploration volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pacific Ridge Exploration Trend Analysis

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

Pacific Ridge Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pacific Ridge Exploration applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Pacific Ridge Exploration 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 Pacific Ridge price change compared to its average price change.

About Pacific Ridge 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 Pacific Ridge Exploration 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 Pacific Ridge Exploration based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pacific Ridge Exploration price pattern first instead of the macroeconomic environment surrounding Pacific Ridge Exploration. By analyzing Pacific Ridge'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 Pacific Ridge'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 Pacific Ridge specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Average Receivables5.9K5.6K
Graham Net Net0.09370.089

Pacific Ridge April 25, 2024 Technical Indicators

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

Pacific Ridge April 25, 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 Pacific 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Ridge Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Pacific Stock analysis

When running Pacific Ridge's price analysis, check to measure Pacific Ridge'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 Pacific Ridge is operating at the current time. Most of Pacific Ridge's value examination focuses on studying past and present price action to predict the probability of Pacific Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Ridge's price. Additionally, you may evaluate how the addition of Pacific Ridge to your portfolios can decrease your overall portfolio volatility.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between Pacific Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacific Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacific Ridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.