The only other time we have had such a low readings we had (-76%) drawdown, we are setting on (-60%) this week therefore the risk down is another 16% correction. I have copied the following from Tradingview website to give u an insight on this indicator ! " Definition Technical Ratings is a technical analysis tool that combines the ratings of several technical...
Quoting P/E Ratio meaning: Investopedia " What Is the Price-to-Earnings (P/E) Ratio? The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share (EPS). Often called the price or earnings multiple, the P/E ratio helps assess the relative value of a company's stock. It's handy for comparing a company's valuation against...
The 1984 Major and historical Trend line is already broken with 3 candles below, technially this is a valid and confirmed breakdown. The 2000 Major and historical Trend line is hanging by $5 give or take $66 -+ is the support for the TL.
Margin of Error "Adjusted" on the chart: 9 Years, 4.5 Years and 18 Months ! 1: September 2025 is our early trough 2: 2027 is our late trough 3: Or we are having one right now !
101 Trend lines analysis. By April we should could/might reach the Red line in which we will have a break out to a new ATH in the next years or so or a break down to the 40ish/50ish region.!
61% Retracement from all time low "IPO" to "ATH" is in the 60ish region. MKTS permitting & unless we are about to crash just like 1929 as some Elliottsions suggest then we are about to have a trough in Q1/Q2 of 2025 .!
This upper line of resistance is where its all breakdown or break out !!!
Two major targets here for PZZA as illustrated on the chart all else absolute ! Major trend line starting from 2012's low and the second one is Covid's low! Both are legitimate technical reversal points !!!
Since the IPO we have had many weekly divers as such on the chart, as of this week we stand at 22 weeks Our MAX weekly divers was 56 Zoon in and go back to see data on the chart !!
Hurst's Cyclic Theory: The basic tenant behind this theory is that markets achieve significant lows (or troughs) at the beginning (or end) of a cycle. Cycles have varying degrees based on wave length (in time) and are harmonized with the higher level cycles. - Blue is 4.5 starting the day of the IPO !!!
Not an expert on this, but these ratios seems to be talked about allot by financial experts when analyzing companies. In general they mean the ability of PZZA'S ability to pay its short/long term debits
According to different figures on line interest payments on debt for PZZA in 2024 will be above FWB:40M !!! Q4 could be $10M !!! $7M will be left on hand !!! Not a financial advisor/analyst but this thing is so low !!! Technically is bottoming Vs Fundamentally ( I do not know)
History will repeat it self ? A. Yes B. No On the other hand: "Berkshire Hathaway, added two new stocks to its equity portfolio: Pool Corporation and Domino's Pizza." Not Papa Johns !!!
- The relation between SPX and PZZA is at one of the lowest since the IPO !!! - Yes we could go lower - RSI and MACD suggest the is it $30ish is our trough land *** Or this is irrelevant and we crash to 20ish !!!
Monthly chart, all else absolute suggest that this is a trough lands !!!
Nothing to say here exept that these levels of RSI has not been seen since IPO of PZZA back in the day. This is troug lands or not and we go sub $30 hitting lower trend line !!!
Day of the IPO is day number one ! 3 different Hurst's cycles in alreay ! - The big question have we bottomed yet or we go high 20ish !!!