Navidea Biopharmaceuticals Stock Technical Analysis

NAVBDelisted Stock  USD 0.08  0  2.63%   
As of the 16th of April 2024, Navidea Biopharmaceutica secures the Downside Deviation of 11.57, risk adjusted performance of 0.0173, and Mean Deviation of 6.21. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Navidea Biopharmaceutica, 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 and analyze data for nineteen technical drivers for Navidea Biopharmaceutica, which can be compared to its peers in the industry. Please verify Navidea Biopharmaceutica jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Navidea Biopharmaceuticals is priced some-what accurately, providing market reflects its recent price of 0.0779 per share. As Navidea Biopharmaceutica appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Navidea Biopharmaceutica Momentum Analysis

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

Navidea Biopharmaceutica Technical Analysis

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Navidea Biopharmaceutica Trend Analysis

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

Navidea Biopharmaceutica Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Navidea Biopharmaceuticals applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Navidea Biopharmaceuticals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Navidea Biopharmaceutica price change compared to its average price change.

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

Navidea Biopharmaceutica April 16, 2024 Technical Indicators

Most technical analysis of Navidea 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 Navidea from various momentum indicators to cycle indicators. When you analyze Navidea 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Consideration for investing in Navidea Pink Sheet

If you are still planning to invest in Navidea Biopharmaceutica check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Navidea Biopharmaceutica's history and understand the potential risks before investing.
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