Nitin Fire (India) Technical Analysis Overview

NITINFIRE -- India Stock  

INR 2.34  0.32  12.03%

Nitin Fire Protection Industries Limited secures Downside Deviation of 4.7, Mean Deviation of 3.61 and Risk Adjusted Performance of 0.2304. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Nitin Fire Protection 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 found nineteen technical drivers for Nitin Fire which can be compared to its peers in the industry. Please verify Nitin Fire Protection Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Nitin Fire Protection Industries Limited is priced some-what accurately providing market reflects its recent price of 2.34 per share.
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Nitin Fire Protection Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of three. 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 Nitin Fire Protection volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Nitin Fire Protection Trend Analysis

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

Nitin Fire Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nitin Fire Protection Industries Limited applied against its price change over selected period. The best fit line has a slop of 0.016691 % which means Nitin Fire Protection Industries Limited will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.23, which is the sum of squared deviations for the predicted Nitin Fire price change compared to its average price change.

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Nitin Fire Market Strength

Nitin Fire November 16, 2018 Daily Price Condition

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