Netcare (South Africa) Momentum Indicators Average Directional Movement Index Rating

NTC Stock   1,480  13.00  0.87%   
Netcare momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Netcare. Netcare 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 Netcare are pattern recognition functions that provide distinct formation on Netcare 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.

The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Netcare is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Netcare ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Netcare Technical Analysis Modules

Most technical analysis of Netcare 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 Netcare from various momentum indicators to cycle indicators. When you analyze Netcare 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 Netcare 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 Netcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Netcare based on widely used predictive technical indicators. In general, we focus on analyzing Netcare Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Netcare'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 Netcare's intrinsic value. In addition to deriving basic predictive indicators for Netcare, we also check how macroeconomic factors affect Netcare price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1,4791,4801,481
Details
Intrinsic
Valuation
LowRealHigh
1,2321,2331,628
Details
Naive
Forecast
LowNextHigh
1,4311,4321,433
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,4641,5091,554
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Netcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Netcare's short interest history, or implied volatility extrapolated from Netcare options trading.

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Other Information on Investing in Netcare Stock

Netcare financial ratios help investors to determine whether Netcare Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Netcare with respect to the benefits of owning Netcare security.