NTT DATA (Germany) Technical Analysis

NT5 Stock  EUR 15.00  0.30  2.04%   
As of the 25th of April, NTT DATA secures the Risk Adjusted Performance of 0.07, mean deviation of 9.52, and Market Risk Adjusted Performance of (0.51). Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of NTT DATA, 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 NTT DATA, which can be compared to its peers in the industry. Please verify NTT DATA maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if NTT DATA is priced favorably, providing market reflects its recent price of 15.0 per share.

NTT DATA Momentum Analysis

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

NTT DATA Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 NTT DATA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

NTT DATA Trend Analysis

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

NTT DATA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NTT DATA applied against its price change over selected period. The best fit line has a slop of   0.0054  , which may suggest that NTT DATA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.1, which is the sum of squared deviations for the predicted NTT DATA price change compared to its average price change.

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

NTT DATA April 25, 2024 Technical Indicators

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

NTT DATA April 25, 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 NTT 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 NTT DATA. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for NTT Stock analysis

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