North European Oil Stock Technical Analysis

NRT Stock  USD 4.08  0.01  0.24%   
As of the 28th of November, North European secures the Standard Deviation of 3.24, mean deviation of 2.2, and Risk Adjusted Performance of (0.07). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of North European Oil, as well as the relationship between them.

North European Momentum Analysis

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

North European Oil Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 North European Oil volatility. High ATR values indicate high volatility, and low values indicate low volatility.

North European Oil Trend Analysis

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

North European Best Fit Change Line

The following chart estimates an ordinary least squares regression model for North European Oil applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that the returns on investment in North European Oil will continue to fail. It has 122 observation points and a regression sum of squares at 17.47, which is the sum of squared deviations for the predicted North European price change compared to its average price change.

About North European 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 North European Oil 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 North European Oil based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on North European Oil price pattern first instead of the macroeconomic environment surrounding North European Oil. By analyzing North European'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 North European'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 North European specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.07920.270.250.26
Price To Sales Ratio10.824.535.214.95

North European November 28, 2024 Technical Indicators

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

Additional Tools for North Stock Analysis

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