NITTA Technical Analysis

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NITTAGELA -- India Stock  

INR 107.85  2.10  1.91%

As of the 9th of July, NITTA GELATIN secures the market risk adjusted performance of 2.34, risk adjusted performance of 0.1497, and mean deviation of 3.41. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NITTA GELATIN INDIA, 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 nineteen technical drivers for NITTA GELATIN, which can be compared to its peers in the industry. Please verify NITTA GELATIN INDIA information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if NITTA GELATIN INDIA is priced more or less accurately, providing market reflects its recent price of 107.85 per share.

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NITTA GELATIN 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 NITTA GELATIN technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NITTA GELATIN 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...

NITTA GELATIN INDIA Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 NITTA GELATIN INDIA 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.


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

NITTA GELATIN Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NITTA GELATIN INDIA applied against its price change over selected period. The best fit line has a slop of   0.23  , which means NITTA GELATIN INDIA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1949.54, which is the sum of squared deviations for the predicted NITTA GELATIN price change compared to its average price change.

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

NITTA GELATIN July 9, 2020 Technical Indicators

Most technical analysis of NITTA stock 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 NITTA from various momentum indicators to cycle indicators. When you analyze NITTA 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.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.1497
Market Risk Adjusted Performance2.34
Mean Deviation3.41
Semi Deviation4.81
Downside Deviation6.03
Coefficient Of Variation1284.19
Standard Deviation5.85
Information Ratio0.049
Jensen Alpha0.4154
Total Risk Alpha(0.06)
Sortino Ratio0.0476
Treynor Ratio2.33
Maximum Drawdown34.83
Value At Risk(6.58)
Potential Upside7.17
Downside Variance36.36
Semi Variance23.12
Expected Short fall(3.94)
Additionally, see Stocks Correlation. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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