Neinor Homes (Spain) Technical Analysis

HOME Stock  EUR 10.16  0.02  0.20%   
As of the 28th of March, Neinor Homes secures the Mean Deviation of 1.2, risk adjusted performance of 0.0165, and Downside Deviation of 1.6. Neinor Homes SLU technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. 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 were able to interpolate nineteen technical drivers for Neinor Homes, which can be compared to its peers in the industry. Please verify Neinor Homes SLU downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Neinor Homes SLU is priced some-what accurately, providing market reflects its recent price of 10.16 per share.

Neinor Homes Momentum Analysis

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

Neinor Homes SLU Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Neinor Homes SLU volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Neinor Homes SLU Trend Analysis

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

Neinor Homes Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Neinor Homes SLU applied against its price change over selected period. The best fit line has a slop of   0.0024  , which may suggest that Neinor Homes SLU market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.23, which is the sum of squared deviations for the predicted Neinor Homes price change compared to its average price change.

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

Neinor Homes March 28, 2024 Technical Indicators

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

Neinor Homes March 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 Neinor 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Neinor Homes SLU. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Neinor Stock analysis

When running Neinor Homes' price analysis, check to measure Neinor Homes' 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 Neinor Homes is operating at the current time. Most of Neinor Homes' value examination focuses on studying past and present price action to predict the probability of Neinor Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neinor Homes' price. Additionally, you may evaluate how the addition of Neinor Homes to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Neinor Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neinor Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neinor Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.