Pollard Banknote Limited Stock Technical Analysis

PBL Stock  CAD 25.65  0.25  0.98%   
As of the 25th of November, Pollard Banknote holds the Semi Deviation of 1.46, coefficient of variation of 1131.42, and Risk Adjusted Performance of 0.0752. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pollard Banknote, as well as the relationship between them.

Pollard Banknote Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pollard, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Pollard
  
Pollard Banknote's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Pollard Banknote 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.
A focus of Pollard Banknote technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pollard Banknote trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Pollard Banknote Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Pollard Banknote volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pollard Banknote Trend Analysis

Use this graph to draw trend lines for Pollard Banknote Limited. You can use it to identify possible trend reversals for Pollard Banknote 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 Pollard Banknote price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Pollard Banknote Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pollard Banknote Limited applied against its price change over selected period. The best fit line has a slop of   0.0051  , which may suggest that Pollard Banknote Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.99, which is the sum of squared deviations for the predicted Pollard Banknote price change compared to its average price change.

About Pollard Banknote 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 Pollard Banknote Limited 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 Pollard Banknote Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pollard Banknote price pattern first instead of the macroeconomic environment surrounding Pollard Banknote. By analyzing Pollard Banknote'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 Pollard Banknote'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 Pollard Banknote specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0039940.0083690.0049950.004746
Price To Sales Ratio2.321.071.661.57

Pollard Banknote November 25, 2024 Technical Indicators

Most technical analysis of Pollard 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 Pollard from various momentum indicators to cycle indicators. When you analyze Pollard 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.

Pollard Banknote November 25, 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 Pollard 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.

Other Information on Investing in Pollard Stock

Pollard Banknote financial ratios help investors to determine whether Pollard 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 Pollard with respect to the benefits of owning Pollard Banknote security.