Nippon Electric Glass Stock Technical Analysis

NPEGF Stock  USD 21.48  0.00  0.00%   
As of the 16th of April 2024, Nippon Electric secures the Standard Deviation of 1.58, risk adjusted performance of 0.0823, and Mean Deviation of 0.3842. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nippon Electric Glass, 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 analyze and collect data for eleven technical drivers for Nippon Electric, which can be compared to its peers in the industry. Please verify Nippon Electric Glass standard deviation, as well as the relationship between the treynor ratio and kurtosis to decide if Nippon Electric Glass is priced some-what accurately, providing market reflects its recent price of 21.48 per share. Given that Nippon Electric Glass has variance of 2.51, we recommend you to check Nippon Electric's last-minute market performance to make sure the company can sustain itself at a future point.

Nippon Electric Momentum Analysis

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

Nippon Electric Glass 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 Nippon Electric Glass volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nippon Electric Glass Trend Analysis

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

Nippon Electric Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nippon Electric Glass applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Nippon Electric Glass will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.21, which is the sum of squared deviations for the predicted Nippon Electric price change compared to its average price change.

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

Nippon Electric April 16, 2024 Technical Indicators

Most technical analysis of Nippon 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 Nippon from various momentum indicators to cycle indicators. When you analyze Nippon 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nippon Electric Glass. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Nippon Electric Glass information on this page should be used as a complementary analysis to other Nippon Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Nippon Pink Sheet analysis

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