Nasdaq Emerging Technical Analysis

NE
NQEMSL -- USA Index  

 874.36  6.22  0.71%

As of the 6th of June Nasdaq Emerging secures Risk Adjusted Performance of (0.11) and Mean Deviation of 3.07. Macroaxis technical analysis interface lets you check existing technical drivers of Nasdaq Emerging Select as well as the relationship between them. Strictly speaking, you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Nasdaq Emerging, which can be compared to its peers in the industry. Please verify Nasdaq Emerging Select Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if Nasdaq Emerging Select Leaders is priced some-what accurately providing market reflects its recent price of 874.36 per share.

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Nasdaq Emerging technical index 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 Nasdaq Emerging technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst, therefore, looks at the history of Nasdaq Emerging 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...

Nasdaq Emerging Select Trend Analysis

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

Nasdaq Emerging Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nasdaq Emerging Select Leaders applied against its price change over selected period. The best fit line has a slop of   -3.82  which may suggest that Nasdaq Emerging Select Leaders market price will keep on failing further. It has 122 observation points and a regression sum of squares at 553243.64, which is the sum of squared deviations for the predicted Nasdaq Emerging price change compared to its average price change.

About Nasdaq Emerging Technical Analysis

The Macroaxis 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 Nasdaq Emerging Select Leaders 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 Nasdaq Emerging Select Leaders based on its technical analysis. In general, a bottom-up approach, as applied to this index, focuses on Nasdaq Emerging Select stock first instead of the macroeconomic environment surrounding Nasdaq Emerging Select . By analyzing Nasdaq Emerging's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nasdaq Emerging'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 Nasdaq Emerging specific price patterns or momentum indicators. Please read more on our technical analysis page.

Nasdaq Emerging June 6, 2020 Technical Indicators

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