Nano Magic Stock Technical Analysis

NMGXDelisted Stock  USD 0.25  0.00  0.00%   
As of the 26th of November, Nano Magic secures the Standard Deviation of 38.33, risk adjusted performance of 0.0886, and Mean Deviation of 10.31. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nano Magic, as well as the relationship between them.

Nano Magic Momentum Analysis

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

Nano Magic Technical Analysis

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Nano Magic Trend Analysis

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

Nano Magic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nano Magic applied against its price change over selected period. The best fit line has a slop of   0.0007  , which means Nano Magic will continue generating value for investors. It has 120 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Nano Magic price change compared to its average price change.

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

Nano Magic November 26, 2024 Technical Indicators

Most technical analysis of Nano 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 Nano from various momentum indicators to cycle indicators. When you analyze Nano 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Consideration for investing in Nano Pink Sheet

If you are still planning to invest in Nano Magic 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 Nano Magic's history and understand the potential risks before investing.
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Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
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Bond Analysis
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Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios