Nexalin Technology Stock Forecast - Daily Balance Of Power
| NXL Stock | USD 1.43 0.04 2.72% |
Nexalin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nexalin Technology stock prices and determine the direction of Nexalin Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nexalin Technology's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Nexalin Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nexalin Technology's systematic risk associated with finding meaningful patterns of Nexalin Technology fundamentals over time.
Check out Historical Fundamental Analysis of Nexalin Technology to cross-verify your projections. Nexalin |
Most investors in Nexalin Technology cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nexalin Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nexalin Technology's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Nexalin Technology market sensitivity to bulls and bears. It estimates the ability of Nexalin Technology buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Nexalin Technology Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.3095 | (0.10) |
| Check Nexalin Technology Volatility | Backtest Nexalin Technology | Information Ratio |
Nexalin Technology Trading Date Momentum
| On April 19 2024 Nexalin Technology was traded for 1.43 at the closing time. Highest Nexalin Technology's price during the trading hours was 1.48 and the lowest price during the day was 1.08 . The net volume was 261 K. The overall trading history on the 19th of April did not cause price change. The trading delta at closing time to current price is 23.78% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Nexalin Technology to competition |
Other Forecasting Options for Nexalin Technology
For every potential investor in Nexalin, whether a beginner or expert, Nexalin Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nexalin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nexalin. Basic forecasting techniques help filter out the noise by identifying Nexalin Technology's price trends.Nexalin Technology Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nexalin Technology stock to make a market-neutral strategy. Peer analysis of Nexalin Technology could also be used in its relative valuation, which is a method of valuing Nexalin Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nexalin Technology Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nexalin Technology's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nexalin Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nexalin Technology Market Strength Events
Market strength indicators help investors to evaluate how Nexalin Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexalin Technology shares will generate the highest return on investment. By undertsting and applying Nexalin Technology stock market strength indicators, traders can identify Nexalin Technology entry and exit signals to maximize returns.
| Accumulation Distribution | 70547.84 | |||
| Daily Balance Of Power | (0.10) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 1.28 | |||
| Day Typical Price | 1.33 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | (0.04) |
Nexalin Technology Risk Indicators
The analysis of Nexalin Technology's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nexalin Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexalin stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 10.48 | |||
| Semi Deviation | 8.44 | |||
| Standard Deviation | 16.45 | |||
| Variance | 270.62 | |||
| Downside Variance | 101.9 | |||
| Semi Variance | 71.26 | |||
| Expected Short fall | (14.96) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nexalin Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nexalin Technology's short interest history, or implied volatility extrapolated from Nexalin Technology options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Nexalin Technology to cross-verify your projections. For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Nexalin Stock analysis
When running Nexalin Technology's price analysis, check to measure Nexalin Technology'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 Nexalin Technology is operating at the current time. Most of Nexalin Technology's value examination focuses on studying past and present price action to predict the probability of Nexalin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexalin Technology's price. Additionally, you may evaluate how the addition of Nexalin Technology to your portfolios can decrease your overall portfolio volatility.
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Is Nexalin Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexalin Technology. If investors know Nexalin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexalin Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.63) | Revenue Per Share 0.015 | Quarterly Revenue Growth (0.47) | Return On Assets (0.64) | Return On Equity (1.07) |
The market value of Nexalin Technology is measured differently than its book value, which is the value of Nexalin that is recorded on the company's balance sheet. Investors also form their own opinion of Nexalin Technology's value that differs from its market value or its book value, called intrinsic value, which is Nexalin Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexalin Technology's market value can be influenced by many factors that don't directly affect Nexalin Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexalin Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexalin Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexalin Technology'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.