Nocopi Technologies Stock Technical Analysis
| NNUP Stock | USD 1.70 0.12 6.59% |
As of the 23rd of November, Nocopi Technologies secures the Standard Deviation of 3.27, risk adjusted performance of (0.06), and Mean Deviation of 1.72. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nocopi Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to break down and analyze data for thirteen technical drivers for Nocopi Technologies, which can be compared to its peers in the industry.
Nocopi Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nocopi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NocopiNocopi |
Nocopi Technologies technical otc 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, otc market cycles, or different charting patterns.
Nocopi Technologies Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Nocopi Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nocopi Technologies Trend Analysis
Use this graph to draw trend lines for Nocopi Technologies. You can use it to identify possible trend reversals for Nocopi Technologies 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 Nocopi Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nocopi Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nocopi Technologies applied against its price change over selected period. The best fit line has a slop of 0.0064 , which may suggest that Nocopi Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.54, which is the sum of squared deviations for the predicted Nocopi Technologies price change compared to its average price change.About Nocopi Technologies 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 Nocopi Technologies 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 Nocopi Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Nocopi Technologies price pattern first instead of the macroeconomic environment surrounding Nocopi Technologies. By analyzing Nocopi Technologies'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 Nocopi Technologies'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 Nocopi Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nocopi Technologies November 23, 2024 Technical Indicators
Most technical analysis of Nocopi 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 Nocopi from various momentum indicators to cycle indicators. When you analyze Nocopi 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 0.6296 | |||
| Mean Deviation | 1.72 | |||
| Coefficient Of Variation | (1,106) | |||
| Standard Deviation | 3.27 | |||
| Variance | 10.67 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.6196 | |||
| Maximum Drawdown | 21.23 | |||
| Value At Risk | (6.59) | |||
| Potential Upside | 4.0 | |||
| Skewness | 0.0122 | |||
| Kurtosis | 6.62 |
Additional Tools for Nocopi OTC Stock Analysis
When running Nocopi Technologies' price analysis, check to measure Nocopi Technologies' 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 Nocopi Technologies is operating at the current time. Most of Nocopi Technologies' value examination focuses on studying past and present price action to predict the probability of Nocopi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nocopi Technologies' price. Additionally, you may evaluate how the addition of Nocopi Technologies to your portfolios can decrease your overall portfolio volatility.