Propetro Holding Corp Stock Pattern Recognition Ladder Bottom

PUMP Stock  USD 8.50  0.28  3.41%   
ProPetro Holding pattern recognition tool provides the execution environment for running the Ladder Bottom recognition and other technical functions against ProPetro Holding. ProPetro Holding 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 Ladder Bottom recognition function is designed to identify and follow existing trends. ProPetro Holding momentum indicators are usually used to generate trading rules based on assumptions that ProPetro Holding trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The function did not return any valid pattern recognition events for the selected time horizon. The Ladder Bottom is a reversal pattern describing ProPetro Holding Corp bullish trend.

ProPetro Holding Technical Analysis Modules

Most technical analysis of ProPetro Holding 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ProPetro Holding 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 ProPetro Holding Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProPetro Holding Corp based on widely used predictive technical indicators. In general, we focus on analyzing ProPetro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProPetro Holding'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 ProPetro Holding's intrinsic value. In addition to deriving basic predictive indicators for ProPetro Holding, we also check how macroeconomic factors affect ProPetro Holding 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)
Days Sales Outstanding53.4961.5953.0663.14
PTB Ratio1.011.150.950.9
Hype
Prediction
LowEstimatedHigh
4.678.2211.77
Details
Intrinsic
Valuation
LowRealHigh
3.086.6310.18
Details
Naive
Forecast
LowNextHigh
4.498.0511.60
Details
9 Analysts
Consensus
LowTargetHigh
11.9313.1114.55
Details

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Correlation Analysis

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ProPetro Holding Corp pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProPetro Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProPetro Holding will appreciate offsetting losses from the drop in the long position's value.

ProPetro Holding Pair Trading

ProPetro Holding Corp Pair Trading Analysis

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.