Nlight Inc Stock Momentum Indicators Average Directional Movement Index Rating

LASR Stock  USD 11.05  0.08  0.72%   
NLIGHT momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against NLIGHT. NLIGHT value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of NLIGHT are pattern recognition functions that provide distinct formation on NLIGHT potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of nLIGHT Inc is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret NLIGHT ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

NLIGHT Technical Analysis Modules

Most technical analysis of NLIGHT 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 NLIGHT from various momentum indicators to cycle indicators. When you analyze NLIGHT charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About NLIGHT Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of nLIGHT Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of nLIGHT Inc based on widely used predictive technical indicators. In general, we focus on analyzing NLIGHT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NLIGHT's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of NLIGHT's intrinsic value. In addition to deriving basic predictive indicators for NLIGHT, we also check how macroeconomic factors affect NLIGHT price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding69.2257.1781.5245.96
PTB Ratio3.341.662.442.32
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NLIGHT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.6911.0516.41
Details
Intrinsic
Valuation
LowRealHigh
3.929.2814.64
Details
Naive
Forecast
LowNextHigh
6.5911.9517.31
Details
8 Analysts
Consensus
LowTargetHigh
16.8418.5020.54
Details

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Additional Tools for NLIGHT Stock Analysis

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