Plum Acquisition Corp Stock Technical Analysis

PLMJW Stock   0.20  0.01  4.76%   
As of the 15th of December 2024, Plum Acquisition holds the Coefficient Of Variation of 563.42, risk adjusted performance of 0.1384, and Semi Deviation of 17.58. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plum Acquisition, as well as the relationship between them. Please check Plum Acquisition Corp jensen alpha and semi variance to decide if Plum Acquisition Corp is priced some-what accurately, providing market reflects its current price of 0.2 per share. As Plum Acquisition Corp appears to be a penny stock we also advise to check out its total risk alpha numbers.

Plum 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 Plum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Plum
  
Plum 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.
Plum Acquisition 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 Plum Acquisition technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Plum 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...

Plum Acquisition Corp Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Plum Acquisition Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Plum Acquisition Corp Trend Analysis

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

Plum Acquisition Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Plum Acquisition Corp applied against its price change over selected period. The best fit line has a slop of   0.0009  , which means Plum Acquisition Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Plum Acquisition price change compared to its average price change.

About Plum 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 Plum 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 Plum Acquisition Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Plum Acquisition Corp price pattern first instead of the macroeconomic environment surrounding Plum Acquisition Corp. By analyzing Plum 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 Plum 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 Plum Acquisition specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2022 2023 2024 (projected)
Return On Tangible Assets0.0016910.03150.06610.0694
PE Ratio727.5240.0731.2629.7

Plum Acquisition December 15, 2024 Technical Indicators

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

Additional Tools for Plum Stock Analysis

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