NEXA RESOURCES (Germany) Momentum Indicators Average Directional Movement Index Rating

NE0 Stock  EUR 7.65  0.15  2.00%   
NEXA RESOURCES momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against NEXA RESOURCES. NEXA RESOURCES 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 NEXA RESOURCES are pattern recognition functions that provide distinct formation on NEXA RESOURCES 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.

The output start index for this execution was fifty-eight with a total number of output elements of three. 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 NEXA RESOURCES SA is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret NEXA RESOURCES ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

NEXA RESOURCES Technical Analysis Modules

Most technical analysis of NEXA RESOURCES 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 NEXA from various momentum indicators to cycle indicators. When you analyze NEXA 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 NEXA RESOURCES 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 NEXA RESOURCES SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEXA RESOURCES SA based on widely used predictive technical indicators. In general, we focus on analyzing NEXA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NEXA RESOURCES'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 NEXA RESOURCES's intrinsic value. In addition to deriving basic predictive indicators for NEXA RESOURCES, we also check how macroeconomic factors affect NEXA RESOURCES price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.137.509.87
Details
Intrinsic
Valuation
LowRealHigh
3.746.118.48
Details
Naive
Forecast
LowNextHigh
5.227.609.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.897.397.89
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NEXA RESOURCES in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NEXA RESOURCES's short interest history, or implied volatility extrapolated from NEXA RESOURCES options trading.

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Additional Information and Resources on Investing in NEXA Stock

When determining whether NEXA RESOURCES SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NEXA RESOURCES's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexa Resources Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexa Resources Sa Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEXA RESOURCES SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between NEXA RESOURCES's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEXA RESOURCES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEXA RESOURCES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.