Neomagic Stock Technical Analysis

NMGCDelisted Stock  USD 0.01  0.00  0.00%   
As of the 29th of November, NeoMagic secures the Risk Adjusted Performance of 0.0101, downside deviation of 18.31, and Mean Deviation of 4.89. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NeoMagic, as well as the relationship between them.

NeoMagic Momentum Analysis

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

NeoMagic Technical Analysis

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NeoMagic Trend Analysis

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

NeoMagic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NeoMagic applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that NeoMagic market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted NeoMagic price change compared to its average price change.

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

NeoMagic November 29, 2024 Technical Indicators

Most technical analysis of NeoMagic 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 NeoMagic from various momentum indicators to cycle indicators. When you analyze NeoMagic 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.
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 price.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in NeoMagic Pink Sheet

If you are still planning to invest in NeoMagic 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 NeoMagic's history and understand the potential risks before investing.
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