Next Hydrogen Solutions Stock Technical Analysis

NXHSF Stock  USD 0.30  0.03  9.09%   
As of the 29th of November, Next Hydrogen secures the Mean Deviation of 8.23, risk adjusted performance of 0.0663, and Downside Deviation of 33.01. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Next Hydrogen Solutions, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Next Hydrogen, which can be compared to its peers in the industry. Please verify Next Hydrogen Solutions coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Next Hydrogen Solutions is priced some-what accurately, providing market reflects its recent price of 0.3 per share. As Next Hydrogen Solutions appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Next Hydrogen Momentum Analysis

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

Next Hydrogen Solutions Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. 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 Next Hydrogen Solutions volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Next Hydrogen Solutions Trend Analysis

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

Next Hydrogen Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Next Hydrogen Solutions applied against its price change over selected period. The best fit line has a slop of   0.0001  , which means Next Hydrogen Solutions will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Next Hydrogen price change compared to its average price change.

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

Next Hydrogen November 29, 2024 Technical Indicators

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

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