Ngx Energy International Stock Technical Analysis

GASX Stock  CAD 0.92  0.01  1.08%   
As of the 28th of March, Ngx Energy secures the Standard Deviation of 3.22, mean deviation of 2.35, and Risk Adjusted Performance of (0). Ngx Energy International technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. 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 are able to interpolate and collect thirteen technical drivers for Ngx Energy, which can be compared to its peers in the industry. Please verify Ngx Energy International mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Ngx Energy International is priced some-what accurately, providing market reflects its recent price of 0.92 per share.

Ngx Energy Momentum Analysis

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

Ngx Energy International 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 Ngx Energy International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ngx Energy International Trend Analysis

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

Ngx Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ngx Energy International applied against its price change over selected period. The best fit line has a slop of   0.0007  , which may suggest that Ngx Energy International market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Ngx Energy price change compared to its average price change.

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

Ngx Energy March 28, 2024 Technical Indicators

Most technical analysis of Ngx 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 Ngx from various momentum indicators to cycle indicators. When you analyze Ngx 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ngx Energy International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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