Nyxoah Stock Technical Analysis

NYXH Stock  USD 8.39  0.25  3.07%   
As of the 28th of November, Nyxoah secures the Mean Deviation of 1.9, downside deviation of 2.24, and Risk Adjusted Performance of 0.0075. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nyxoah, as well as the relationship between them.

Nyxoah Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nyxoah, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Nyxoah
  
Nyxoah'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.

Nyxoah Analyst Consensus

Target PriceAdvice# of Analysts
12.68Strong Buy6Odds
Nyxoah current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Nyxoah analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nyxoah stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nyxoah, talking to its executives and customers, or listening to Nyxoah conference calls.
Nyxoah Analyst Advice Details
Nyxoah 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 Nyxoah technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nyxoah 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...

Nyxoah Technical Analysis

Indicator
Time Period
Execute Indicator
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 Nyxoah volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nyxoah Trend Analysis

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

Nyxoah Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nyxoah applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Nyxoah will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.42, which is the sum of squared deviations for the predicted Nyxoah price change compared to its average price change.

About Nyxoah 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 Nyxoah 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 Nyxoah based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nyxoah price pattern first instead of the macroeconomic environment surrounding Nyxoah. By analyzing Nyxoah'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 Nyxoah'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 Nyxoah specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding1.1K210.08231.52219.95
PTB Ratio3.241.01.21.14

Nyxoah November 28, 2024 Technical Indicators

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

Nyxoah November 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Nyxoah stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Nyxoah Stock analysis

When running Nyxoah's price analysis, check to measure Nyxoah'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 Nyxoah is operating at the current time. Most of Nyxoah's value examination focuses on studying past and present price action to predict the probability of Nyxoah's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nyxoah's price. Additionally, you may evaluate how the addition of Nyxoah to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings