New Hope Stock Technical Analysis

NHPEF Stock  USD 3.13  0.04  1.26%   
As of the 26th of November, New Hope secures the Risk Adjusted Performance of 0.0254, mean deviation of 3.91, and Downside Deviation of 7.75. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Hope, as well as the relationship between them. Please verify New Hope value at risk, as well as the relationship between the semi variance and kurtosis to decide if New Hope is priced some-what accurately, providing market reflects its recent price of 3.13 per share. Given that New Hope has jensen alpha of 0.0372, we recommend you to check New Hope's last-minute market performance to make sure the company can sustain itself at a future point.

New Hope 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 New
  
New Hope'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.
New Hope 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 New Hope technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Hope 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...

New Hope Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 New Hope volatility. High ATR values indicate high volatility, and low values indicate low volatility.

New Hope Trend Analysis

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

New Hope Best Fit Change Line

The following chart estimates an ordinary least squares regression model for New Hope applied against its price change over selected period. The best fit line has a slop of   0.01  , which means New Hope will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.51, which is the sum of squared deviations for the predicted New Hope price change compared to its average price change.

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

New Hope November 26, 2024 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.

New Hope November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as New stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for New Pink Sheet analysis

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