Northern Tax Exempt Fund Technical Analysis

NOTEX Fund  USD 9.69  0.02  0.21%   
As of the 2nd of December, Northern Tax secures the Downside Deviation of 0.3842, risk adjusted performance of 0.0195, and Mean Deviation of 0.1336. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Tax Exempt, as well as the relationship between them.

Northern Tax Momentum Analysis

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

Northern Tax Exempt Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Northern Tax Exempt volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Northern Tax Exempt Trend Analysis

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

Northern Tax Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northern Tax Exempt Fund applied against its price change over selected period. The best fit line has a slop of   0.0015  , which may suggest that Northern Tax Exempt Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Northern Tax price change compared to its average price change.

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

Northern Tax December 2, 2024 Technical Indicators

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

Other Information on Investing in Northern Mutual Fund

Northern Tax financial ratios help investors to determine whether Northern Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northern with respect to the benefits of owning Northern Tax security.
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