Prima Marine (Thailand) Technical Analysis

PRM Stock  THB 8.90  0.10  1.14%   
As of the 26th of November, Prima Marine holds the Coefficient Of Variation of 713.29, risk adjusted performance of 0.1122, and Semi Deviation of 1.45. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prima Marine, as well as the relationship between them.

Prima Marine Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prima, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Prima
  
Prima Marine'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.
Prima Marine 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 Prima Marine technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prima Marine 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...

Prima Marine Public Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Prima Marine Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Prima Marine Public Trend Analysis

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

Prima Marine Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Prima Marine Public applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Prima Marine Public will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.59, which is the sum of squared deviations for the predicted Prima Marine price change compared to its average price change.

About Prima Marine 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 Prima Marine Public 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 Prima Marine Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Prima Marine Public price pattern first instead of the macroeconomic environment surrounding Prima Marine Public. By analyzing Prima Marine'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 Prima Marine'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 Prima Marine specific price patterns or momentum indicators. Please read more on our technical analysis page.

Prima Marine November 26, 2024 Technical Indicators

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

Prima Marine November 26, 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 Prima 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 Prima Stock

Prima Marine financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Marine security.