Nexgel Warrant Stock Technical Analysis
| NXGLW Stock | USD 0.80 0.10 11.11% |
As of the 20th of December, NexGel Warrant secures the Risk Adjusted Performance of 0.0955, mean deviation of 9.15, and Downside Deviation of 10.68. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NexGel Warrant, as well as the relationship between them. Please verify NexGel Warrant standard deviation, as well as the relationship between the value at risk and kurtosis to decide if NexGel Warrant is priced some-what accurately, providing market reflects its recent price of 0.8 per share. Given that NexGel Warrant is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.
NexGel Warrant Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NexGel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NexGelNexGel |
NexGel Warrant 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.
NexGel Warrant Technical Analysis
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 NexGel Warrant volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NexGel Warrant Trend Analysis
Use this graph to draw trend lines for NexGel Warrant. You can use it to identify possible trend reversals for NexGel Warrant 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 NexGel Warrant price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NexGel Warrant Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NexGel Warrant applied against its price change over selected period. The best fit line has a slop of 0 , which means NexGel Warrant will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.65, which is the sum of squared deviations for the predicted NexGel Warrant price change compared to its average price change.About NexGel Warrant 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 NexGel Warrant 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 NexGel Warrant based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NexGel Warrant price pattern first instead of the macroeconomic environment surrounding NexGel Warrant. By analyzing NexGel Warrant'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 NexGel Warrant'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 NexGel Warrant specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 49.18 | 39.57 | 56.5 | 59.33 | PTB Ratio | 1.2 | 0.91 | 2.57 | 2.44 |
NexGel Warrant December 20, 2024 Technical Indicators
Most technical analysis of NexGel 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 NexGel from various momentum indicators to cycle indicators. When you analyze NexGel 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0955 | |||
| Market Risk Adjusted Performance | (1.95) | |||
| Mean Deviation | 9.15 | |||
| Semi Deviation | 8.86 | |||
| Downside Deviation | 10.68 | |||
| Coefficient Of Variation | 920.16 | |||
| Standard Deviation | 12.56 | |||
| Variance | 157.79 | |||
| Information Ratio | 0.1061 | |||
| Jensen Alpha | 1.37 | |||
| Total Risk Alpha | 1.0 | |||
| Sortino Ratio | 0.1248 | |||
| Treynor Ratio | (1.96) | |||
| Maximum Drawdown | 60.67 | |||
| Value At Risk | (13.04) | |||
| Potential Upside | 25.0 | |||
| Downside Variance | 114.09 | |||
| Semi Variance | 78.47 | |||
| Expected Short fall | (13.44) | |||
| Skewness | 0.7344 | |||
| Kurtosis | 1.08 |
NexGel Warrant December 20, 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 NexGel 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 | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.89 | ||
| Day Median Price | 0.80 | ||
| Day Typical Price | 0.80 | ||
| Price Action Indicator | (0.05) |
Additional Tools for NexGel Stock Analysis
When running NexGel Warrant's price analysis, check to measure NexGel Warrant'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 NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.