Nuintek CoLtd (Korea) Technical Analysis

012340 Stock  KRW 489.00  6.00  1.21%   
As of the 22nd of December, Nuintek CoLtd secures the Risk Adjusted Performance of (0.08), standard deviation of 1.65, and Mean Deviation of 1.05. Nuintek CoLtd technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.

Nuintek CoLtd Momentum Analysis

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

Nuintek CoLtd Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Nuintek CoLtd volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nuintek CoLtd Trend Analysis

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

Nuintek CoLtd Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nuintek CoLtd applied against its price change over selected period. The best fit line has a slop of   1.39  , which may suggest that Nuintek CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 73022.55, which is the sum of squared deviations for the predicted Nuintek CoLtd price change compared to its average price change.

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

Nuintek CoLtd December 22, 2024 Technical Indicators

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

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