NRB Industrial (India) Technical Analysis
| NIBL Stock | 27.57 0.74 2.61% |
As of the 29th of November, NRB Industrial owns the Mean Deviation of 2.16, coefficient of variation of (858.10), and Market Risk Adjusted Performance of (14.76). In relation to fundamental indicators, the technical analysis model lets you check practical technical drivers of NRB Industrial Bearings, as well as the relationship between them. Please verify NRB Industrial Bearings variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if NRB Industrial Bearings is priced correctly, providing market reflects its prevailing price of 27.57 per share.
NRB Industrial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NRB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NRBNRB |
NRB Industrial 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.
NRB Industrial Bearings Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 NRB Industrial Bearings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NRB Industrial Bearings Trend Analysis
Use this graph to draw trend lines for NRB Industrial Bearings. You can use it to identify possible trend reversals for NRB Industrial 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 NRB Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NRB Industrial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NRB Industrial Bearings applied against its price change over selected period. The best fit line has a slop of 0.24 , which may suggest that NRB Industrial Bearings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2255.43, which is the sum of squared deviations for the predicted NRB Industrial price change compared to its average price change.About NRB Industrial 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 NRB Industrial Bearings 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 NRB Industrial Bearings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NRB Industrial Bearings price pattern first instead of the macroeconomic environment surrounding NRB Industrial Bearings. By analyzing NRB Industrial'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 NRB Industrial'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 NRB Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.
NRB Industrial November 29, 2024 Technical Indicators
Most technical analysis of NRB 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 NRB from various momentum indicators to cycle indicators. When you analyze NRB 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 | (14.76) | |||
| Mean Deviation | 2.16 | |||
| Coefficient Of Variation | (858.10) | |||
| Standard Deviation | 3.27 | |||
| Variance | 10.72 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (14.77) | |||
| Maximum Drawdown | 23.62 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 4.11 | |||
| Skewness | (1.03) | |||
| Kurtosis | 6.02 |
NRB Industrial November 29, 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 NRB 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 | 1,426 | ||
| Daily Balance Of Power | (0.28) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 28.32 | ||
| Day Typical Price | 28.07 | ||
| Price Action Indicator | (1.12) | ||
| Market Facilitation Index | 0.0002 |
Additional Tools for NRB Stock Analysis
When running NRB Industrial's price analysis, check to measure NRB Industrial'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 NRB Industrial is operating at the current time. Most of NRB Industrial's value examination focuses on studying past and present price action to predict the probability of NRB Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRB Industrial's price. Additionally, you may evaluate how the addition of NRB Industrial to your portfolios can decrease your overall portfolio volatility.