Northrop Technical Analysis

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NOC -- USA Stock  

Report: 30th of July 2020  

As of the 13th of July 2020, Northrop Grumman secures the mean deviation of 1.68, and risk adjusted performance of (0.12). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northrop Grumman, 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 have analyze and collected data for nineteen technical drivers for Northrop Grumman, which can be compared to its peers in the industry. Please verify Northrop Grumman information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Northrop Grumman is priced some-what accurately, providing market reflects its recent price of 292.0 per share. Given that Northrop Grumman has jensen alpha of (0.14), we recommend you to check Northrop Grumman's last-minute market performance to make sure the company can sustain itself at a future point.

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Target PriceAdvice# of Analysts
388.0Buy11Odds
Northrop Grumman current and past analyst recommendations published by a number of research institutions as well as average analyst consensus. Most Northrop analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northrop stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northrop Grumman, talking to its executives and customers, or listening to Northrop conference calls.
Northrop Analyst Advice Details
Northrop Grumman 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 Northrop Grumman technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northrop Grumman 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...

Northrop Grumman Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Northrop Grumman 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.

Northrop Grumman Trend Analysis

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

Northrop Grumman Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northrop Grumman applied against its price change over selected period. The best fit line has a slop of   -0.65  , which may imply that the returns on investment in Northrop Grumman will continue to fail. It has 122 observation points and a regression sum of squares at 16176.9, which is the sum of squared deviations for the predicted Northrop Grumman price change compared to its average price change.

About Northrop Grumman 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 Northrop Grumman 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 Northrop Grumman based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northrop Grumman stock first instead of the macroeconomic environment surrounding Northrop Grumman . By analyzing Northrop Grumman'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 Northrop Grumman'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 Northrop Grumman specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2018 2019 (projected)
Long Term Debt to Equity2.041.71.45
Interest Coverage9.166.737.52

Northrop Grumman July 13, 2020 Technical Indicators

Most technical analysis of Northrop 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 Northrop from various momentum indicators to cycle indicators. When you analyze Northrop 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 Performance(0.12)
Market Risk Adjusted Performance2.58
Mean Deviation1.68
Coefficient Of Variation(1,509)
Standard Deviation2.14
Variance4.59
Information Ratio(0.15)
Jensen Alpha(0.14)
Total Risk Alpha(0.36)
Treynor Ratio2.57
Maximum Drawdown11.73
Value At Risk(3.48)
Potential Upside2.97
Skewness0.0232
Kurtosis0.3935

Northrop Grumman July 13, 2020 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 Northrop 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.
Accumulation Distribution  37,742  
Daily Balance Of Power  0.82  
Rate Of Daily Change  1.02  
Day Median Price  290.52  
Day Typical Price  291.01  
Price Action Indicator  4.51  
Additionally, see Stocks Correlation. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page