Ngk Insulators Stock Technical Analysis

NGKIF Stock  USD 13.45  0.10  0.75%   
As of the 30th of April, NGK Insulators secures the risk adjusted performance of 0.0971, and Mean Deviation of 0.3852. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of NGK Insulators, 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 collect and analyze data for twelve technical drivers for NGK Insulators, which can be compared to its peers in the industry. Please verify NGK Insulators variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if NGK Insulators is priced fairly, providing market reflects its recent price of 13.45 per share. Given that NGK Insulators has total risk alpha of 0.0154, we recommend you to check NGK Insulators's last-minute market performance to make sure the company can sustain itself in the future.

NGK Insulators Momentum Analysis

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

NGK Insulators Technical Analysis

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The output start index for this execution was twenty-five with a total number of output elements of thirty-six. 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 NGK Insulators volatility. High ATR values indicate high volatility, and low values indicate low volatility.

NGK Insulators Trend Analysis

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

NGK Insulators Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NGK Insulators applied against its price change over selected period. The best fit line has a slop of   0.03  , which means NGK Insulators will continue generating value for investors. It has 122 observation points and a regression sum of squares at 36.32, which is the sum of squared deviations for the predicted NGK Insulators price change compared to its average price change.

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

NGK Insulators April 30, 2024 Technical Indicators

Most technical analysis of NGK 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 NGK from various momentum indicators to cycle indicators. When you analyze NGK 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.

NGK Insulators April 30, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as NGK stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGK Insulators. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for NGK Pink Sheet analysis

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