Ningbo Thermal (China) Technical Analysis

600982 Stock   3.97  0.02  0.50%   
As of the 2nd of December, Ningbo Thermal secures the Mean Deviation of 1.38, risk adjusted performance of 0.0981, and Downside Deviation of 1.88. Ningbo Thermal Power technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.

Ningbo Thermal Momentum Analysis

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

Ningbo Thermal Power 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 Ningbo Thermal Power volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ningbo Thermal Power Trend Analysis

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

Ningbo Thermal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ningbo Thermal Power applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Ningbo Thermal Power will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.74, which is the sum of squared deviations for the predicted Ningbo Thermal price change compared to its average price change.

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

Ningbo Thermal December 2, 2024 Technical Indicators

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

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