Nlight Inc Stock Technical Analysis
| LASR Stock | USD 8.56 0.27 3.06% |
As of the 22nd of March, NLIGHT secures the standard deviation of 3.52, and Risk Adjusted Performance of (0.04). In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of nLIGHT Inc, as well as the relationship between them. Please verify nLIGHT Inc standard deviation and value at risk to decide if nLIGHT Inc is priced more or less accurately, providing market reflects its recent price of 8.56 per share. Given that nLIGHT Inc has information ratio of (0.04), we recommend you to check NLIGHT's last-minute market performance to make sure the company can sustain itself at some point in the future.
NLIGHT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NLIGHT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NLIGHTNLIGHT |
NLIGHT 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.
nLIGHT Inc Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 nLIGHT Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
nLIGHT Inc Trend Analysis
Use this graph to draw trend lines for nLIGHT Inc. You can use it to identify possible trend reversals for NLIGHT 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 NLIGHT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NLIGHT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for nLIGHT Inc applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that nLIGHT Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 63.11, which is the sum of squared deviations for the predicted NLIGHT price change compared to its average price change.About NLIGHT 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 nLIGHT Inc 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 nLIGHT Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on nLIGHT Inc price pattern first instead of the macroeconomic environment surrounding nLIGHT Inc. By analyzing NLIGHT'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 NLIGHT'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 NLIGHT specific price patterns or momentum indicators. Please read more on our technical analysis page.
NLIGHT March 22, 2025 Technical Indicators
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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 2.59 | |||
| Coefficient Of Variation | (1,882) | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.39 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | 0.0703 | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 16.59 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 5.67 | |||
| Skewness | (0.40) | |||
| Kurtosis | 1.49 |
NLIGHT March 22, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as NLIGHT stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.04 | ||
| Daily Balance Of Power | (0.75) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 8.52 | ||
| Day Typical Price | 8.53 | ||
| Price Action Indicator | (0.09) | ||
| Market Facilitation Index | 0.36 |
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.