Primega Group Holdings Stock Pattern Recognition Short Line Candle

PGHL Stock   12.26  2.08  20.43%   
Primega Group pattern recognition tool provides the execution environment for running the Short Line Candle recognition and other technical functions against Primega Group. Primega Group 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 Short Line Candle recognition function is designed to identify and follow existing trends. Primega Group momentum indicators are usually used to generate trading rules based on assumptions that Primega Group trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of thirteen valid pattern recognition events for the selected time horizon. The Short Line Candle pattern describes signals for either bullish or bearish trend during either reversal or continuation condition of Primega Group Holdings.

Primega Group Technical Analysis Modules

Most technical analysis of Primega Group 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 Primega from various momentum indicators to cycle indicators. When you analyze Primega 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 Primega Group 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 Primega Group Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Primega Group Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Primega Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Primega Group'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 Primega Group's intrinsic value. In addition to deriving basic predictive indicators for Primega Group, we also check how macroeconomic factors affect Primega Group 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 Outstanding98.62193.0144.67179.28
PTB Ratio49.8631.6623.6122.43
Hype
Prediction
LowEstimatedHigh
0.5310.5122.14
Details
Intrinsic
Valuation
LowRealHigh
0.5312.1623.79
Details
Naive
Forecast
LowNextHigh
0.2011.8323.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.6111.5713.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Primega Group. Your research has to be compared to or analyzed against Primega Group's peers to derive any actionable benefits. When done correctly, Primega Group'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 Primega Group Holdings.

Be your own money manager

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.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Primega Group Holdings is a strong investment it is important to analyze Primega Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primega Group's future performance. For an informed investment choice regarding Primega Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primega Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Marine Transportation 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 Primega Group. If investors know Primega 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 Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group'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 Primega Group's market value can be influenced by many factors that don't directly affect Primega Group'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 Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group'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.