Newcity Public (Thailand) Technical Analysis

NC Stock  THB 2.90  0.02  0.69%   
As of the 23rd of November, Newcity Public secures the Mean Deviation of 2.9, risk adjusted performance of (0.01), and Standard Deviation of 5.01. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newcity Public, as well as the relationship between them.

Newcity Public Momentum Analysis

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

Newcity Public Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Newcity Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Newcity Public Trend Analysis

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

Newcity Public Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Newcity Public applied against its price change over selected period. The best fit line has a slop of   0.0017  , which may suggest that Newcity Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted Newcity Public price change compared to its average price change.

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

Newcity Public November 23, 2024 Technical Indicators

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

Other Information on Investing in Newcity Stock

Newcity Public financial ratios help investors to determine whether Newcity 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 Newcity with respect to the benefits of owning Newcity Public security.