North Bay Resources Stock Technical Analysis

NBRI Stock  USD 0.0009  0.0001  10.00%   
As of the 30th of November, North Bay secures the Mean Deviation of 10.69, risk adjusted performance of 0.0688, and Downside Deviation of 12.92. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of North Bay Resources, as well as the relationship between them.

North Bay Momentum Analysis

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

North Bay Resources Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 North Bay Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

North Bay Resources Trend Analysis

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

North Bay Best Fit Change Line

The following chart estimates an ordinary least squares regression model for North Bay Resources applied against its price change over selected period. The best fit line has a slop of   0.00000352  , which means North Bay Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted North Bay price change compared to its average price change.

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

North Bay November 30, 2024 Technical Indicators

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

Complementary Tools for North Pink Sheet analysis

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