Nuvama Wealth (India) Technical Analysis

NUVAMA Stock   7,028  182.00  2.66%   
As of the 8th of December, Nuvama Wealth secures the Mean Deviation of 2.03, downside deviation of 2.74, and Risk Adjusted Performance of 0.0429. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nuvama Wealth, as well as the relationship between them.

Nuvama Wealth Momentum Analysis

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

Nuvama Wealth Technical Analysis

Indicator
Time Period
Execute Indicator
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. 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 Nuvama Wealth volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nuvama Wealth Trend Analysis

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

Nuvama Wealth Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nuvama Wealth applied against its price change over selected period. The best fit line has a slop of   2.49  , which means Nuvama Wealth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 234325.56, which is the sum of squared deviations for the predicted Nuvama Wealth price change compared to its average price change.

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

Nuvama Wealth December 8, 2024 Technical Indicators

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

When running Nuvama Wealth's price analysis, check to measure Nuvama Wealth'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 Nuvama Wealth is operating at the current time. Most of Nuvama Wealth's value examination focuses on studying past and present price action to predict the probability of Nuvama Wealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvama Wealth's price. Additionally, you may evaluate how the addition of Nuvama Wealth to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Fundamental Analysis
View fundamental data based on most recent published financial statements
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine