Norion Bank (Sweden) Technical Analysis
NORION Stock | 39.35 0.80 1.99% |
Norion Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Norion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorionNorion |
Norion Bank 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.
Norion Bank 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 Norion Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Norion Bank Trend Analysis
Use this graph to draw trend lines for Norion Bank. You can use it to identify possible trend reversals for Norion Bank 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 Norion Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Norion Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Norion Bank applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Norion Bank market price will keep on failing further. It has 122 observation points and a regression sum of squares at 53.15, which is the sum of squared deviations for the predicted Norion Bank price change compared to its average price change.Norion Bank November 30, 2024 Technical Indicators
Most technical analysis of Norion 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 Norion from various momentum indicators to cycle indicators. When you analyze Norion 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 | (0.02) | |||
Market Risk Adjusted Performance | 0.4648 | |||
Mean Deviation | 1.41 | |||
Coefficient Of Variation | (3,226) | |||
Standard Deviation | 1.98 | |||
Variance | 3.91 | |||
Information Ratio | (0.10) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 0.4548 | |||
Maximum Drawdown | 11.9 | |||
Value At Risk | (2.75) | |||
Potential Upside | 2.7 | |||
Skewness | (0.16) | |||
Kurtosis | 2.83 |
Norion Bank November 30, 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 Norion 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.
Accumulation Distribution | 3,973 | ||
Daily Balance Of Power | (0.84) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 39.67 | ||
Day Typical Price | 39.57 | ||
Price Action Indicator | (0.72) |
Complementary Tools for Norion Stock analysis
When running Norion Bank's price analysis, check to measure Norion Bank'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 Norion Bank is operating at the current time. Most of Norion Bank's value examination focuses on studying past and present price action to predict the probability of Norion Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norion Bank's price. Additionally, you may evaluate how the addition of Norion Bank to your portfolios can decrease your overall portfolio volatility.
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