Procyon Stock Technical Analysis

PCYN Stock  USD 0.24  0.01  4.35%   
As of the 28th of December, Procyon holds the Variance of 44.19, risk adjusted performance of 0.0133, and Coefficient Of Variation of 17646.5. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Procyon, as well as the relationship between them.

Procyon Momentum Analysis

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

Procyon 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 Procyon volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Procyon Trend Analysis

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

Procyon Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Procyon applied against its price change over selected period. The best fit line has a slop of   0.0001  , which means Procyon 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 Procyon price change compared to its average price change.

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

Procyon December 28, 2024 Technical Indicators

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

Other Information on Investing in Procyon Pink Sheet

Procyon financial ratios help investors to determine whether Procyon Pink Sheet 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 Procyon with respect to the benefits of owning Procyon security.