NMDC Stock Forecast - Accumulation Distribution

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NMDC -- India Stock  

INR 81.10  0.40  0.49%

NMDC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NMDC historical stock prices and determine the direction of NMDC LTD's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of NMDC historical fundamentals such as revenue growth or operating cash flow patterns. Additionally, see Historical Fundamental Analysis of NMDC to cross-verify your projections.

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On May 25, 2020 NMDC LTD had Accumulation Distribution of 8548.515072. The accumulation distribution (A/D) indicator shows the degree to which NMDC is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NMDC LTD to determine if accumulation or reduction is taking place in the market. This value is adjusted by NMDC trading volume to give more weight to distributions with higher volume over lower volume.
  Previous Accumulation DistributionAccumulation DistributionTrend
7238.2374588548.515072
Check NMDC Volatility | Backtest NMDC | Trend Details  

NMDC Trading Date Momentum

On May 26 2020 NMDC LTD was traded for  75.10  at the closing time. The highest price during the trading period was 75.75  and the lowest recorded bid was listed for  73.60 . The volume for the day was 94.8 K. This history from May 26, 2020 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.86% . The trading delta at closing time to the current price is 13.80% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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NMDC Risk Indicators

Current Sentiment - NMDC

NMDC LTD Investor Sentiment

Most of Macroaxis users are now bullish on NMDC LTD. What is your trading attitude regarding investing in NMDC LTD? Are you bullish or bearish?
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Additionally, see Historical Fundamental Analysis of NMDC to cross-verify your projections. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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