Prairiesky Royalty Stock Momentum Indicators Average Directional Movement Index

PSK Stock  CAD 29.52  0.73  2.41%   
PrairieSky Royalty momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against PrairieSky Royalty. PrairieSky Royalty value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of PrairieSky Royalty are pattern recognition functions that provide distinct formation on PrairieSky Royalty potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was seven with a total number of output elements of fifty-four. The average directional index (ADX) measures the strength of a prevailing trend of PrairieSky Royalty and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low PrairieSky Royalty ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

PrairieSky Royalty Technical Analysis Modules

Most technical analysis of PrairieSky Royalty 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 PrairieSky from various momentum indicators to cycle indicators. When you analyze PrairieSky charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About PrairieSky Royalty Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PrairieSky Royalty. We use our internally-developed statistical techniques to arrive at the intrinsic value of PrairieSky Royalty based on widely used predictive technical indicators. In general, we focus on analyzing PrairieSky Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PrairieSky Royalty's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of PrairieSky Royalty's intrinsic value. In addition to deriving basic predictive indicators for PrairieSky Royalty, we also check how macroeconomic factors affect PrairieSky Royalty price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02050.02080.04130.0376
Price To Sales Ratio9.888.0610.8117.06
Hype
Prediction
LowEstimatedHigh
28.1629.5230.88
Details
Intrinsic
Valuation
LowRealHigh
27.5328.8930.25
Details
Naive
Forecast
LowNextHigh
28.0129.3730.73
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.210.220.22
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PrairieSky Royalty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PrairieSky Royalty's short interest history, or implied volatility extrapolated from PrairieSky Royalty options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Momentum Idea
Momentum
Invested over 40 shares
Cash Cows Idea
Cash Cows
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Business Services Idea
Business Services
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Banking Idea
Banking
Invested over 40 shares

Other Information on Investing in PrairieSky Stock

PrairieSky Royalty financial ratios help investors to determine whether PrairieSky Stock 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 PrairieSky with respect to the benefits of owning PrairieSky Royalty security.