New Fortress Energy Stock Momentum Indicators Average Directional Movement Index Rating

NFE Stock  USD 9.51  0.33  3.59%   
New Fortress momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against New Fortress. New Fortress value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of New Fortress are pattern recognition functions that provide distinct formation on New Fortress potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

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 Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of New Fortress Energy is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret New Fortress ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

New Fortress Technical Analysis Modules

Most technical analysis of New Fortress 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 New from various momentum indicators to cycle indicators. When you analyze New charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About New Fortress Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Fortress Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Fortress Energy based on widely used predictive technical indicators. In general, we focus on analyzing New Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Fortress's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of New Fortress's intrinsic value. In addition to deriving basic predictive indicators for New Fortress, we also check how macroeconomic factors affect New Fortress price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01850.01110.09320.0978
Price To Sales Ratio3.623.753.223.06
Hype
Prediction
LowEstimatedHigh
4.479.5114.55
Details
Intrinsic
Valuation
LowRealHigh
3.218.2513.29
Details
Naive
Forecast
LowNextHigh
4.309.3314.37
Details
10 Analysts
Consensus
LowTargetHigh
40.5544.5649.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Fortress. Your research has to be compared to or analyzed against New Fortress' peers to derive any actionable benefits. When done correctly, New Fortress' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in New Fortress Energy.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Fortress Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Dividend Share
0.4
Earnings Share
0.91
Revenue Per Share
11.791
Quarterly Revenue Growth
0.103
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' 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.