Pax Global Technology Stock Technical Analysis

PXGYF Stock  USD 0.67  0.02  3.08%   
As of the 20th of January, PAX Global holds the Coefficient Of Variation of 2685.79, market risk adjusted performance of (15.77), and Mean Deviation of 1.89. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of PAX Global, as well as the relationship between them. Please check PAX Global Technology coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if PAX Global Technology is priced more or less accurately, providing market reflects its current price of 0.67 per share. As PAX Global Technology is a penny stock we also suggest to check out its total risk alpha numbers.

PAX Global Momentum Analysis

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

PAX Global Technology Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 PAX Global Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

PAX Global Technology Trend Analysis

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

PAX Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PAX Global Technology applied against its price change over selected period. The best fit line has a slop of   0.0001  , which means PAX Global Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted PAX Global price change compared to its average price change.

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

PAX Global January 20, 2025 Technical Indicators

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

Complementary Tools for PAX Pink Sheet analysis

When running PAX Global's price analysis, check to measure PAX Global'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 PAX Global is operating at the current time. Most of PAX Global's value examination focuses on studying past and present price action to predict the probability of PAX Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PAX Global's price. Additionally, you may evaluate how the addition of PAX Global to your portfolios can decrease your overall portfolio volatility.
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