Propetro Holding Corp Stock Technical Analysis
| PUMP Stock | USD 7.77 0.08 1.02% |
As of the 19th of November, ProPetro Holding holds the Coefficient Of Variation of (6,231), variance of 12.3, and insignificant Risk Adjusted Performance. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProPetro Holding, as well as the relationship between them.
ProPetro Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ProPetro, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProPetroProPetro |
ProPetro Holding Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 13.11 | Buy | 9 | Odds |
Most ProPetro analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ProPetro stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ProPetro Holding Corp, talking to its executives and customers, or listening to ProPetro conference calls.
ProPetro Holding 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.
ProPetro Holding Corp Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 ProPetro Holding Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ProPetro Holding Corp Trend Analysis
Use this graph to draw trend lines for ProPetro Holding Corp. You can use it to identify possible trend reversals for ProPetro Holding 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 ProPetro Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ProPetro Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ProPetro Holding Corp applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that ProPetro Holding Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted ProPetro Holding price change compared to its average price change.About ProPetro Holding 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 ProPetro Holding Corp 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 ProPetro Holding Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ProPetro Holding Corp price pattern first instead of the macroeconomic environment surrounding ProPetro Holding Corp. By analyzing ProPetro Holding'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 ProPetro Holding'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 ProPetro Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 53.49 | 61.59 | 53.06 | 63.14 | PTB Ratio | 1.01 | 1.15 | 0.95 | 0.9 |
ProPetro Holding November 19, 2024 Technical Indicators
Most technical analysis of ProPetro 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 ProPetro from various momentum indicators to cycle indicators. When you analyze ProPetro 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 2.51 | |||
| Coefficient Of Variation | (6,231) | |||
| Standard Deviation | 3.51 | |||
| Variance | 12.3 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 21.85 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 5.19 | |||
| Skewness | 1.51 | |||
| Kurtosis | 6.08 |
ProPetro Holding November 19, 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 ProPetro 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.
| Accumulation Distribution | 18,235 | ||
| Daily Balance Of Power | (0.50) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 7.77 | ||
| Day Typical Price | 7.77 | ||
| Price Action Indicator | (0.04) |
Additional Tools for ProPetro Stock Analysis
When running ProPetro Holding's price analysis, check to measure ProPetro Holding'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 ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.