Nel Asa Stock Technical Analysis
| NLLSY Stock | USD 8.86 0.31 3.38% |
As of the 29th of November, Nel ASA secures the Risk Adjusted Performance of (0.19), mean deviation of 1.87, and Standard Deviation of 3.18. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nel ASA, as well as the relationship between them.
Nel ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NelNel |
Nel ASA 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.
Nel ASA Technical Analysis
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 Nel ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nel ASA Trend Analysis
Use this graph to draw trend lines for Nel ASA. You can use it to identify possible trend reversals for Nel ASA 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 Nel ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nel ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nel ASA applied against its price change over selected period. The best fit line has a slop of 0.12 , which may suggest that Nel ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 541.08, which is the sum of squared deviations for the predicted Nel ASA price change compared to its average price change.About Nel ASA 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 Nel ASA 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 Nel ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nel ASA price pattern first instead of the macroeconomic environment surrounding Nel ASA. By analyzing Nel ASA'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 Nel ASA'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 Nel ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nel ASA November 29, 2024 Technical Indicators
Most technical analysis of Nel 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 Nel from various momentum indicators to cycle indicators. When you analyze Nel 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 | (0.19) | |||
| Market Risk Adjusted Performance | 4.1 | |||
| Mean Deviation | 1.87 | |||
| Coefficient Of Variation | (380.99) | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.11 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.82) | |||
| Total Risk Alpha | (1.32) | |||
| Treynor Ratio | 4.09 | |||
| Maximum Drawdown | 22.94 | |||
| Value At Risk | (6.43) | |||
| Skewness | (1.89) | |||
| Kurtosis | 7.39 |
Additional Tools for Nel Pink Sheet Analysis
When running Nel ASA's price analysis, check to measure Nel ASA'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 Nel ASA is operating at the current time. Most of Nel ASA's value examination focuses on studying past and present price action to predict the probability of Nel ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nel ASA's price. Additionally, you may evaluate how the addition of Nel ASA to your portfolios can decrease your overall portfolio volatility.