Nextego Nv Ordinary Stock Technical Analysis

EGOX Stock   0.0001  0.00  0.00%   
As of the 18th of January 2025, NexteGO NV secures the Risk Adjusted Performance of 0.0903, mean deviation of 11.97, and Standard Deviation of 50.36. NexteGO NV Ordinary 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.

NexteGO NV Momentum Analysis

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

NexteGO NV Ordinary Technical Analysis

Indicator
Time Period
Execute Indicator
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 NexteGO NV Ordinary volatility. High ATR values indicate high volatility, and low values indicate low volatility.

NexteGO NV Ordinary Trend Analysis

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

NexteGO NV Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NexteGO NV Ordinary applied against its price change over selected period. The best fit line has a slop of    , which may suggest that NexteGO NV Ordinary market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted NexteGO NV price change compared to its average price change.

About NexteGO NV 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 NexteGO NV Ordinary 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 NexteGO NV Ordinary based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NexteGO NV Ordinary price pattern first instead of the macroeconomic environment surrounding NexteGO NV Ordinary. By analyzing NexteGO NV'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 NexteGO NV'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 NexteGO NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2022 2024 2025 (projected)
Days Sales Outstanding264.26161.75186.01234.3
PTB Ratio0.240.350.320.23

NexteGO NV January 18, 2025 Technical Indicators

Most technical analysis of NexteGO 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 NexteGO from various momentum indicators to cycle indicators. When you analyze NexteGO 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.

Additional Tools for NexteGO Stock Analysis

When running NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.