Nine Dragons (Germany) Technical Analysis

N3Y Stock  EUR 0.43  0.02  4.88%   
As of the 12th of December 2024, Nine Dragons secures the Risk Adjusted Performance of 0.0964, downside deviation of 5.25, and Mean Deviation of 3.4. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nine Dragons Paper, as well as the relationship between them. Please verify Nine Dragons Paper value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Nine Dragons Paper is priced some-what accurately, providing market reflects its recent price of 0.43 per share.

Nine Dragons Momentum Analysis

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

Nine Dragons Paper Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Nine Dragons Paper volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nine Dragons Paper Trend Analysis

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

Nine Dragons Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nine Dragons Paper applied against its price change over selected period. The best fit line has a slop of   0.0002  , which may suggest that Nine Dragons Paper market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Nine Dragons price change compared to its average price change.

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

Nine Dragons December 12, 2024 Technical Indicators

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

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