Praram 9 (Thailand) Technical Analysis

PR9 Stock  THB 19.00  0.30  1.60%   
As of the 28th of March, Praram 9 holds the Semi Deviation of 0.8418, coefficient of variation of 486.1, and Risk Adjusted Performance of 0.1201. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Praram 9, 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 analyze nineteen technical drivers for Praram 9 Hospital, which can be compared to its competitors. Please check Praram 9 Hospital mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Praram 9 Hospital is priced some-what accurately, providing market reflects its current price of 19.0 per share.

Praram 9 Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Praram, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Praram
  
Praram 9'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.
Praram 9 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 Praram 9 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Praram 9 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...

Praram 9 Hospital Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Praram 9 Hospital volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Praram 9 Hospital Trend Analysis

Use this graph to draw trend lines for Praram 9 Hospital. You can use it to identify possible trend reversals for Praram 9 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 Praram 9 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Praram 9 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Praram 9 Hospital applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Praram 9 Hospital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 108.4, which is the sum of squared deviations for the predicted Praram 9 price change compared to its average price change.

About Praram 9 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 Praram 9 Hospital 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 Praram 9 Hospital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Praram 9 Hospital price pattern first instead of the macroeconomic environment surrounding Praram 9 Hospital. By analyzing Praram 9'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 Praram 9'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 Praram 9 specific price patterns or momentum indicators. Please read more on our technical analysis page.

Praram 9 March 28, 2024 Technical Indicators

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

Praram 9 March 28, 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 Praram 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 Praram 9 Hospital. 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.
Note that the Praram 9 Hospital information on this page should be used as a complementary analysis to other Praram 9's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Praram Stock analysis

When running Praram 9's price analysis, check to measure Praram 9'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 Praram 9 is operating at the current time. Most of Praram 9's value examination focuses on studying past and present price action to predict the probability of Praram 9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praram 9's price. Additionally, you may evaluate how the addition of Praram 9 to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Praram 9's value and its price as these two are different measures arrived at by different means. Investors typically determine if Praram 9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Praram 9'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.