Nexien Biopharma Stock Technical Analysis

NXEN Stock  USD 0.02  0.01  42.86%   
As of the 5th of December, Nexien Biopharma secures the Mean Deviation of 20.67, downside deviation of 39.52, and Risk Adjusted Performance of 0.1232. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nexien Biopharma, as well as the relationship between them.

Nexien Biopharma Momentum Analysis

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

Nexien Biopharma Technical Analysis

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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 Nexien Biopharma volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nexien Biopharma Trend Analysis

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

Nexien Biopharma Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nexien Biopharma applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Nexien Biopharma market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Nexien Biopharma price change compared to its average price change.

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

Nexien Biopharma December 5, 2024 Technical Indicators

Most technical analysis of Nexien 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 Nexien from various momentum indicators to cycle indicators. When you analyze Nexien 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 Nexien Pink Sheet

Nexien Biopharma financial ratios help investors to determine whether Nexien Pink Sheet 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 Nexien with respect to the benefits of owning Nexien Biopharma security.