Patriot National Bancorp Stock Pattern Recognition Engulfing Pattern

PNBK Stock  USD 2.25  0.45  25.00%   
Patriot National pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against Patriot National. Patriot National 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 pattern recognition indicators. As with most other technical indicators, the Engulfing Pattern recognition function is designed to identify and follow existing trends. Patriot National momentum indicators are usually used to generate trading rules based on assumptions that Patriot National trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of three valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes Patriot National bullish reversal pattern.

Patriot National Technical Analysis Modules

Most technical analysis of Patriot National 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 Patriot from various momentum indicators to cycle indicators. When you analyze Patriot 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 Patriot National 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 Patriot National Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Patriot National Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Patriot Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Patriot National's daily price indicators and compare them against related drivers, such as pattern recognition 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 Patriot National's intrinsic value. In addition to deriving basic predictive indicators for Patriot National, we also check how macroeconomic factors affect Patriot National 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 Yield0.0130.03450.03110.0326
Price To Sales Ratio2.081.140.560.53
Hype
Prediction
LowEstimatedHigh
0.112.229.38
Details
Intrinsic
Valuation
LowRealHigh
0.091.728.88
Details
Naive
Forecast
LowNextHigh
0.041.969.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Patriot National. Your research has to be compared to or analyzed against Patriot National's peers to derive any actionable benefits. When done correctly, Patriot National's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Patriot National Bancorp.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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When determining whether Patriot National Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patriot Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patriot National Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Patriot National Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patriot National. If investors know Patriot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patriot National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(7.40)
Revenue Per Share
6.099
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.01)
The market value of Patriot National Bancorp is measured differently than its book value, which is the value of Patriot that is recorded on the company's balance sheet. Investors also form their own opinion of Patriot National's value that differs from its market value or its book value, called intrinsic value, which is Patriot National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patriot National's market value can be influenced by many factors that don't directly affect Patriot National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patriot National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patriot National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patriot National'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.