Nextensa (Belgium) Technical Analysis
| NEXTA Stock | 39.00 0.40 1.02% |
As of the 28th of November, Nextensa secures the Risk Adjusted Performance of (0.08), standard deviation of 1.17, and Mean Deviation of 0.8121. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextensa NV, as well as the relationship between them.
Nextensa Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nextensa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NextensaNextensa |
Nextensa 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.
Nextensa NV Technical Analysis
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 Nextensa NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nextensa NV Trend Analysis
Use this graph to draw trend lines for Nextensa NV. You can use it to identify possible trend reversals for Nextensa 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 Nextensa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nextensa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nextensa NV applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Nextensa NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 131.75, which is the sum of squared deviations for the predicted Nextensa price change compared to its average price change.About Nextensa 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 Nextensa NV 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 Nextensa NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nextensa NV price pattern first instead of the macroeconomic environment surrounding Nextensa NV. By analyzing Nextensa'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 Nextensa'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 Nextensa specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nextensa November 28, 2024 Technical Indicators
Most technical analysis of Nextensa 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 Nextensa from various momentum indicators to cycle indicators. When you analyze Nextensa 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 | (0.08) | |||
| Market Risk Adjusted Performance | (2.47) | |||
| Mean Deviation | 0.8121 | |||
| Coefficient Of Variation | (927.40) | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.36 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (2.48) | |||
| Maximum Drawdown | 6.7 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.54 | |||
| Skewness | (0.72) | |||
| Kurtosis | 2.67 |
Nextensa November 28, 2024 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 Nextensa 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 | 12.02 | ||
| Daily Balance Of Power | (0.62) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 39.33 | ||
| Day Typical Price | 39.22 | ||
| Price Action Indicator | (0.52) | ||
| Market Facilitation Index | 0.0009 |
Complementary Tools for Nextensa Stock analysis
When running Nextensa's price analysis, check to measure Nextensa'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 Nextensa is operating at the current time. Most of Nextensa's value examination focuses on studying past and present price action to predict the probability of Nextensa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextensa's price. Additionally, you may evaluate how the addition of Nextensa to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |