NBI Bearings (Spain) Technical Analysis

NBI Stock  EUR 4.00  0.00  0.00%   
As of the 12th of December 2024, NBI Bearings secures the Standard Deviation of 0.7989, market risk adjusted performance of 0.9564, and Mean Deviation of 0.3561. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of NBI Bearings Europe, as well as the relationship between them.

NBI Bearings Momentum Analysis

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

NBI Bearings Europe Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 NBI Bearings Europe volatility. High ATR values indicate high volatility, and low values indicate low volatility.

NBI Bearings Europe Trend Analysis

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

NBI Bearings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NBI Bearings Europe applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that NBI Bearings Europe market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.6, which is the sum of squared deviations for the predicted NBI Bearings price change compared to its average price change.

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

NBI Bearings December 12, 2024 Technical Indicators

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

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