Weebit Nano Limited Stock Technical Analysis

WBTNF Stock  USD 1.86  0.04  2.11%   
As of the 27th of November, Weebit Nano maintains the Downside Deviation of 6.19, mean deviation of 4.64, and Market Risk Adjusted Performance of 0.771. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Weebit Nano Limited, as well as the relationship between them. Please check out Weebit Nano Limited information ratio, as well as the relationship between the value at risk and expected short fall to decide if Weebit Nano Limited is priced fairly, providing market reflects its latest price of 1.86 per share. Please also validate Weebit Nano Limited total risk alpha, which is currently at (0.37) to confirm the company can sustain itself at a future point.

Weebit Nano Momentum Analysis

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

Weebit Nano Limited Technical Analysis

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The output start index for this execution was four with a total number of output elements of fifty-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 Weebit Nano Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Weebit Nano Limited Trend Analysis

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

Weebit Nano Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Weebit Nano Limited applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Weebit Nano Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.93, which is the sum of squared deviations for the predicted Weebit Nano price change compared to its average price change.

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

Weebit Nano November 27, 2024 Technical Indicators

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

Complementary Tools for Weebit Pink Sheet analysis

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