Parkway Acquisition Corp Stock Technical Analysis

PKKWDelisted Stock  USD 10.79  0.29  2.76%   
As of the 2nd of December, Parkway Acquisition holds the Variance of 4.4, coefficient of variation of (148,948), and Risk Adjusted Performance of 0.0058. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parkway Acquisition, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Parkway Acquisition Corp, which can be compared to its competitors. Please check Parkway Acquisition Corp risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Parkway Acquisition Corp is priced some-what accurately, providing market reflects its current price of 10.79 per share. Given that Parkway Acquisition has information ratio of (0.07), we recommend you to check out Parkway Acquisition Corp's recent market performance to make sure the company can sustain itself at a future point.

Parkway Acquisition Momentum Analysis

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

Parkway Acquisition Corp Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Parkway Acquisition Corp Trend Analysis

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

Parkway Acquisition Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Parkway Acquisition Corp applied against its price change over selected period. The best fit line has a slop of    , which means Parkway Acquisition Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.41, which is the sum of squared deviations for the predicted Parkway Acquisition price change compared to its average price change.

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

Parkway Acquisition December 2, 2024 Technical Indicators

Most technical analysis of Parkway 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 Parkway from various momentum indicators to cycle indicators. When you analyze Parkway 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. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Parkway OTC Stock

If you are still planning to invest in Parkway Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parkway Acquisition's history and understand the potential risks before investing.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk