Northern Star (Germany) Technical Analysis

NS7 Stock  EUR 8.71  0.11  1.28%   
As of the 29th of March, Northern Star secures the Downside Deviation of 2.09, risk adjusted performance of 0.032, and Mean Deviation of 1.76. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Star Resources, 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 nineteen technical drivers for Northern Star, which can be compared to its peers in the industry. Please verify Northern Star Resources maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Northern Star Resources is priced some-what accurately, providing market reflects its recent price of 8.71 per share.

Northern Star Momentum Analysis

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

Northern Star Resources Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northern Star Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Northern Star Resources Trend Analysis

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

Northern Star Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northern Star Resources applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Northern Star Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.91, which is the sum of squared deviations for the predicted Northern Star price change compared to its average price change.

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

Northern Star March 29, 2024 Technical Indicators

Most technical analysis of Northern 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 Northern from various momentum indicators to cycle indicators. When you analyze Northern 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, which includes a position in Northern Star Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Northern Stock analysis

When running Northern Star's price analysis, check to measure Northern Star'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 Northern Star is operating at the current time. Most of Northern Star's value examination focuses on studying past and present price action to predict the probability of Northern Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Star's price. Additionally, you may evaluate how the addition of Northern Star to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Northern Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.