Bank of Nanjing (China) Technical Analysis

601009 Stock   10.47  0.04  0.38%   
As of the 22nd of December, Bank of Nanjing shows the Downside Deviation of 2.26, risk adjusted performance of 0.0656, and Mean Deviation of 1.09. Bank of Nanjing technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Bank of Nanjing Momentum Analysis

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

Bank of Nanjing 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 Bank of Nanjing volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bank of Nanjing Trend Analysis

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

Bank of Nanjing Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bank of Nanjing applied against its price change over selected period. The best fit line has a slop of    , which means Bank of Nanjing will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Bank of Nanjing price change compared to its average price change.

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

Bank of Nanjing December 22, 2024 Technical Indicators

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

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