NewFunds MAPPS (South Africa) Technical Analysis

STXMAG Etf   3,438  17.00  0.50%   

NewFunds MAPPS Momentum Analysis

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

NewFunds MAPPS Growth Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-one with a total number of output elements of fourty. 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 NewFunds MAPPS Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.

NewFunds MAPPS Growth Trend Analysis

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

NewFunds MAPPS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NewFunds MAPPS Growth applied against its price change over selected period. The best fit line has a slop of   1.16  , which means NewFunds MAPPS Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 50884.79, which is the sum of squared deviations for the predicted NewFunds MAPPS price change compared to its average price change.

NewFunds MAPPS February 17, 2025 Technical Indicators

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