Norfolk Southn P Bond Technical Analysis

655844AX6   103.51  0.15  0.15%   
As of the 25th of November, NORFOLK secures the Market Risk Adjusted Performance of 8.0E-4, risk adjusted performance of 0.011, and Mean Deviation of 0.5332. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NORFOLK SOUTHN P, as well as the relationship between them.

NORFOLK Momentum Analysis

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

NORFOLK SOUTHN P Trend Analysis

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

NORFOLK Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NORFOLK SOUTHN P applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that NORFOLK SOUTHN P market price will keep on failing further. It has 122 observation points and a regression sum of squares at 12.52, which is the sum of squared deviations for the predicted NORFOLK price change compared to its average price change.

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

NORFOLK November 25, 2024 Technical Indicators

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

Other Information on Investing in NORFOLK Bond

NORFOLK financial ratios help investors to determine whether NORFOLK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NORFOLK with respect to the benefits of owning NORFOLK security.