Northrop Grumman (Brazil) Technical Analysis

NOCG34 Stock  BRL 572.50  4.30  0.75%   
As of the 21st of November, Northrop Grumman secures the Downside Deviation of 2.19, mean deviation of 0.8065, and Risk Adjusted Performance of 0.0531. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northrop Grumman, as well as the relationship between them.

Northrop Grumman Momentum Analysis

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

Northrop Grumman Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Northrop Grumman volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Northrop Grumman Trend Analysis

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

Northrop Grumman Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northrop Grumman applied against its price change over selected period. The best fit line has a slop of   0.55  , which means Northrop Grumman will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11618.8, which is the sum of squared deviations for the predicted Northrop Grumman price change compared to its average price change.

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

Northrop Grumman November 21, 2024 Technical Indicators

Most technical analysis of Northrop 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 Northrop from various momentum indicators to cycle indicators. When you analyze Northrop 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.

Northrop Grumman November 21, 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 Northrop 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 Northrop Stock analysis

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