Nextage Therapeutics (Israel) Technical Analysis

MCTC Stock  ILA 35.10  1.20  3.31%   
As of the 28th of March, Nextage Therapeutics secures the Downside Deviation of 3.86, mean deviation of 3.31, and Risk Adjusted Performance of 0.0326. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextage Therapeutics, 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 interpolate nineteen technical drivers for Nextage Therapeutics, which can be compared to its peers in the industry. Please verify Nextage Therapeutics semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Nextage Therapeutics is priced some-what accurately, providing market reflects its recent price of 35.1 per share.

Nextage Therapeutics Momentum Analysis

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

Nextage Therapeutics Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Nextage Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nextage Therapeutics Trend Analysis

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

Nextage Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nextage Therapeutics applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Nextage Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 184.0, which is the sum of squared deviations for the predicted Nextage Therapeutics price change compared to its average price change.

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

Nextage Therapeutics March 28, 2024 Technical Indicators

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

Nextage Therapeutics March 28, 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 Nextage 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 Nextage Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Nextage Stock analysis

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