Nu Med Plus Stock Technical Analysis

NUMD Stock  USD 0.01  0  10.00%   
As of the 22nd of December, Nu Med owns the Mean Deviation of 7.37, information ratio of (0.10), and Market Risk Adjusted Performance of 0.6319. In relation to fundamental indicators, the technical analysis model lets you check practical technical drivers of Nu Med Plus, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have collected data for thirteen technical drivers for Nu Med, which can be compared to its peers in the sector. Please verify Nu Med Plus market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Nu Med Plus is priced correctly, providing market reflects its prevailing price of 0.0126 per share. As Nu Med Plus appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.

Nu Med Momentum Analysis

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

Nu Med Plus Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-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 Nu Med Plus volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nu Med Plus Trend Analysis

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

Nu Med Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nu Med Plus applied against its price change over selected period. The best fit line has a slop of   0.0008  , which may suggest that Nu Med Plus market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Nu Med price change compared to its average price change.

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

Nu Med December 22, 2024 Technical Indicators

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

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