Patriot National Bancorp Stock Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Patriot National technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Patriot National 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...

Patriot National Bancorp Technical Analysis

Patriot National Bancorp Trend Analysis

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

Patriot National Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Patriot National Bancorp applied against its price change over selected period. The best fit line has a slop of   0  , which means Patriot National Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Patriot National price change compared to its average price change.

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

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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.

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.