Northway Financial Stock Technical Analysis

NWYFDelisted Stock  USD 19.15  0.00  0.00%   
As of the 29th of November, Northway Financial secures the Downside Deviation of 3.3, risk adjusted performance of 0.0342, and Mean Deviation of 1.82. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northway Financial, 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 have analyzed and interpolated nineteen technical drivers for Northway Financial, which can be compared to its peers in the industry. Please verify Northway Financial information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Northway Financial is priced some-what accurately, providing market reflects its recent price of 19.15 per share. Given that Northway Financial has jensen alpha of 0.0643, we recommend you to check Northway Financial's last-minute market performance to make sure the company can sustain itself at a future point.

Northway Financial Momentum Analysis

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

Northway Financial Technical Analysis

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Northway Financial Trend Analysis

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

Northway Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northway Financial applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Northway Financial will continue generating value for investors. It has 122 observation points and a regression sum of squares at 65.28, which is the sum of squared deviations for the predicted Northway Financial price change compared to its average price change.

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

Northway Financial November 29, 2024 Technical Indicators

Most technical analysis of Northway 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 Northway from various momentum indicators to cycle indicators. When you analyze Northway 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Consideration for investing in Northway OTC Stock

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