Piedmont Nat Gas Bond Technical Analysis

720186AK1   75.82  0.00  0.00%   
As of the 26th of February, PIEDMONT holds the Mean Deviation of 1.81, semi deviation of 3.0, and Risk Adjusted Performance of 0.0239. In respect to fundamental indicators, the technical analysis model allows you to check helpful technical drivers of PIEDMONT, as well as the relationship between them.

PIEDMONT Momentum Analysis

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

PIEDMONT NAT GAS Trend Analysis

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

PIEDMONT Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PIEDMONT NAT GAS applied against its price change over selected period. The best fit line has a slop of   0.09  , which may suggest that PIEDMONT NAT GAS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 324.31, which is the sum of squared deviations for the predicted PIEDMONT price change compared to its average price change.

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

PIEDMONT February 26, 2025 Technical Indicators

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

PIEDMONT February 26, 2025 Daily Trend Indicators

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

Other Information on Investing in PIEDMONT Bond

PIEDMONT financial ratios help investors to determine whether PIEDMONT Bond 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 PIEDMONT with respect to the benefits of owning PIEDMONT security.