New Relic Stock Technical Analysis
| NEWRDelisted Stock | USD 71.64 0.17 0.24% |
As of the 19th of January, New Relic secures the Standard Deviation of 2.28, risk adjusted performance of 0.0013, and Mean Deviation of 1.58. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Relic, as well as the relationship between them. Please verify New Relic market risk adjusted performance and treynor ratio to decide if New Relic is priced some-what accurately, providing market reflects its recent price of 71.64 per share. Given that New Relic has information ratio of (0.02), we recommend you to check New Relic's last-minute market performance to make sure the company can sustain itself at a future point.
New Relic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewNew |
New Relic 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, delisted stock market cycles, or different charting patterns.
New Relic Technical Analysis
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New Relic Trend Analysis
Use this graph to draw trend lines for New Relic. You can use it to identify possible trend reversals for New Relic 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 New Relic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.New Relic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for New Relic applied against its price change over selected period. The best fit line has a slop of 0.12 , which may suggest that New Relic market price will keep on failing further. It has 122 observation points and a regression sum of squares at 583.79, which is the sum of squared deviations for the predicted New Relic price change compared to its average price change.About New Relic 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 New Relic 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 New Relic based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New Relic price pattern first instead of the macroeconomic environment surrounding New Relic. By analyzing New Relic'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 New Relic'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 New Relic specific price patterns or momentum indicators. Please read more on our technical analysis page.
New Relic January 19, 2025 Technical Indicators
Most technical analysis of New 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0013 | |||
| Market Risk Adjusted Performance | 0.055 | |||
| Mean Deviation | 1.58 | |||
| Coefficient Of Variation | (16,721) | |||
| Standard Deviation | 2.28 | |||
| Variance | 5.22 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.045 | |||
| Maximum Drawdown | 18.35 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 2.68 | |||
| Skewness | 1.0 | |||
| Kurtosis | 8.0 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in New Stock
If you are still planning to invest in New Relic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the New Relic's history and understand the potential risks before investing.
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