FNB ETN (South Africa) Momentum Indicators Average Directional Movement Index Rating

TSETNC Etf   2,943  19.00  0.64%   
FNB ETN momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against FNB ETN. FNB ETN value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of FNB ETN are pattern recognition functions that provide distinct formation on FNB ETN potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourty with a total number of output elements of twenty-one. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of FNB ETN on is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret FNB ETN ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

FNB ETN Technical Analysis Modules

Most technical analysis of FNB ETN 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 FNB from various momentum indicators to cycle indicators. When you analyze FNB charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About FNB ETN Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FNB ETN on. We use our internally-developed statistical techniques to arrive at the intrinsic value of FNB ETN on based on widely used predictive technical indicators. In general, we focus on analyzing FNB Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FNB ETN's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of FNB ETN's intrinsic value. In addition to deriving basic predictive indicators for FNB ETN, we also check how macroeconomic factors affect FNB ETN price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2,9392,9432,947
Details
Intrinsic
Valuation
LowRealHigh
2,5992,6033,237
Details
Naive
Forecast
LowNextHigh
3,1553,1593,163
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,3862,7123,039
Details

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Other Information on Investing in FNB Etf

FNB ETN financial ratios help investors to determine whether FNB Etf 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 FNB with respect to the benefits of owning FNB ETN security.