Nextensa (Belgium) Technical Analysis

NEXTA Stock   49.70  0.20  0.40%   
As of the 23rd of May, Nextensa secures the Risk Adjusted Performance of 0.1151, mean deviation of 0.5929, and Downside Deviation of 0.9774. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextensa NV, 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 analyze nineteen technical drivers for Nextensa, which can be compared to its peers in the industry. Please verify Nextensa NV information ratio, and the relationship between the downside deviation and value at risk to decide if Nextensa NV is priced some-what accurately, providing market reflects its recent price of 49.7 per share.

Nextensa Momentum Analysis

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

Nextensa NV Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Nextensa NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nextensa NV Trend Analysis

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

Nextensa Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nextensa NV applied against its price change over selected period. The best fit line has a slop of   0.11  , which means Nextensa NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 439.61, which is the sum of squared deviations for the predicted Nextensa price change compared to its average price change.

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

Nextensa May 23, 2024 Technical Indicators

Most technical analysis of Nextensa 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 Nextensa from various momentum indicators to cycle indicators. When you analyze Nextensa 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 Nextensa NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Nextensa NV information on this page should be used as a complementary analysis to other Nextensa's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Nextensa Stock analysis

When running Nextensa's price analysis, check to measure Nextensa'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 Nextensa is operating at the current time. Most of Nextensa's value examination focuses on studying past and present price action to predict the probability of Nextensa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextensa's price. Additionally, you may evaluate how the addition of Nextensa to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Transaction History
View history of all your transactions and understand their impact on performance
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Please note, there is a significant difference between Nextensa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextensa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextensa'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.