Nanophase Technol Stock Technical Analysis

NANXDelisted Stock  USD 0.60  0.02  3.45%   
As of the 18th of April 2024, Nanophase Technol secures the Mean Deviation of 4.66, risk adjusted performance of (0.02), and Standard Deviation of 7.39. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nanophase Technol, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Nanophase Technol, which can be compared to its peers in the industry. Please verify Nanophase Technol information ratio and kurtosis to decide if Nanophase Technol is priced some-what accurately, providing market reflects its recent price of 0.6 per share. As Nanophase Technol is a penny stock we also strongly advise to check its jensen alpha numbers.

Nanophase Technol Momentum Analysis

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

Nanophase Technol Technical Analysis

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Nanophase Technol Trend Analysis

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

Nanophase Technol Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nanophase Technol applied against its price change over selected period. The best fit line has a slop of   0.0064  , which may suggest that Nanophase Technol market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.56, which is the sum of squared deviations for the predicted Nanophase Technol price change compared to its average price change.

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

Nanophase Technol April 18, 2024 Technical Indicators

Most technical analysis of Nanophase 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 Nanophase from various momentum indicators to cycle indicators. When you analyze Nanophase 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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Consideration for investing in Nanophase OTC Stock

If you are still planning to invest in Nanophase Technol check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nanophase Technol's history and understand the potential risks before investing.
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