Nice Ltd Adr Stock Technical Analysis

NICE Stock  USD 230.95  0.41  0.18%   
As of the 19th of April, Nice secures the Mean Deviation of 1.31, risk adjusted performance of 0.0702, and Downside Deviation of 1.5. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nice Ltd ADR, 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 were able to break down nineteen technical drivers for Nice, which can be compared to its peers in the industry. Please verify Nice Ltd ADR coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Nice Ltd ADR is priced some-what accurately, providing market reflects its recent price of 230.95 per share. Given that Nice Ltd ADR has jensen alpha of 0.1042, we recommend you to check Nice's last-minute market performance to make sure the company can sustain itself at a future point.

Nice Momentum Analysis

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

Nice Analyst Consensus

Target PriceAdvice# of Analysts
248.27Strong Buy14Odds
Nice Ltd ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Nice 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 Nice stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nice Ltd ADR, talking to its executives and customers, or listening to Nice conference calls.
Nice Analyst Advice Details
Nice 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 Nice technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nice 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...

Nice Ltd ADR 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 Nice Ltd ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nice Ltd ADR Trend Analysis

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

Nice Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nice Ltd ADR applied against its price change over selected period. The best fit line has a slop of   0.55  , which means Nice Ltd ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11531.04, which is the sum of squared deviations for the predicted Nice price change compared to its average price change.

About Nice 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 Nice Ltd ADR 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 Nice Ltd ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nice Ltd ADR price pattern first instead of the macroeconomic environment surrounding Nice Ltd ADR. By analyzing Nice'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 Nice'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 Nice specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield2.31E-47.8E-58.9E-58.5E-5
Price To Sales Ratio9.995.625.343.06

Nice April 19, 2024 Technical Indicators

Most technical analysis of Nice 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 Nice from various momentum indicators to cycle indicators. When you analyze Nice 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.
When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Nice Stock analysis

When running Nice's price analysis, check to measure Nice'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 Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
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Is Nice's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nice. If investors know Nice will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.168
Earnings Share
5.1
Revenue Per Share
1.4955
Quarterly Revenue Growth
0.096
Return On Assets
0.054
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nice's market value can be influenced by many factors that don't directly affect Nice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice's 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.