Nanjing Canatal (China) Technical Analysis

603912 Stock   7.23  0.74  9.28%   
As of the 6th of January, Nanjing Canatal secures the Risk Adjusted Performance of 0.0749, downside deviation of 4.58, and Mean Deviation of 2.89. Nanjing Canatal Data 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.

Nanjing Canatal Momentum Analysis

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

Nanjing Canatal Data Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Nanjing Canatal Data volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nanjing Canatal Data Trend Analysis

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

Nanjing Canatal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nanjing Canatal Data applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Nanjing Canatal Data will continue generating value for investors. It has 122 observation points and a regression sum of squares at 43.39, which is the sum of squared deviations for the predicted Nanjing Canatal price change compared to its average price change.

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

Nanjing Canatal January 6, 2025 Technical Indicators

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

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