Provident Bancorp Stock Technical Analysis

Provident Bancorp Analyst Consensus

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Provident Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Provident Bancorp 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...

Provident Bancorp Technical Analysis

Provident Bancorp Trend Analysis

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

Provident Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Provident Bancorp applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Provident Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.17, which is the sum of squared deviations for the predicted Provident Bancorp price change compared to its average price change.

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

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Provident 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.

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