The traditional pressure signs you speak of don't show up until you are WAY over pressure.
That's one way to look at it. Certainly the safe, and modern way to look at it.
The old school approach of not worrying as much about what the reading is, as what the gun does, also works.
"Over pressure" only has meaning in relation to a standard. Industry standards are just that, something safe throughout the industry. Safe in EVERY possible combination of gun and ammo components. With the liability laws and lawyers today, it can't be any other way.
I got a chronograph decades ago, and used it extensively, for a while, over a wide variety of guns, calibers and loads.
I found some of the information very interesting. A chronograph can show you if you have a fast gun, a slow gun, or an average gun. But not much else.
What I found was that my velocities tracked consistently with the published figures within the range of variation normally found due to using a different gun, and different components than the published tests.
I've seen 3 different guns, same caliber & barrel length shooting the same ammunition give 100fps difference in MV. Gun#1 (the slowest) had extreme pressure signs, flattened, cratered primers, and cases that had to be driven out with a rod and hammer. Gun #2 (50fps faster) did show slightly flattened primers and cases ejected normally. Gun#3 (100fps faster than #1) showed no pressure signs, and functioned completely normally.
What the gun and ammo actually do in the chamber, and at the target matter more than what number the chronograph gives you when the bullet flies over it.
Chrono velocities might be a predictor of pressures, but they are absolutely not an accurate indication of what that pressure is actually DOING in your gun.
That load with the smallest velocity spread might be the most accurate one in your gun, likely is, but you won't know that without shooting it. And, you might just be surprised to find a load with "worse" numbers actually giving you a better group. Likely? no, but possible? Absolutely!
Every gun and ammo component combination is an individual. Most perform in a very, very similar range, which is why loading data is useful. But some combinations are drastically outside the norm. And a chronograph ONLY measures velocity.
I realize its not data from a study, or a lab, only my observed results from an unusual situation, but I did see it, so it can happen, a one gun showing lower velocity readings but higher pressure effects than another.
"Safe" pressure is relative to the gun being used. Industry limits are not the limits of safety, they are limits that are safe. This is not the same thing.