National Bank (Germany) Technical Analysis

NB9 Stock  EUR 32.40  0.20  0.62%   
As of the 18th of May 2024, National Bank secures the Downside Deviation of 2.09, risk adjusted performance of 0.0284, and Mean Deviation of 1.36. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of National Bank Holdings, 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 interpolate nineteen technical drivers for National Bank, which can be compared to its peers in the industry. Please verify National Bank Holdings maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if National Bank Holdings is priced some-what accurately, providing market reflects its recent price of 32.4 per share.

National Bank Momentum Analysis

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

National Bank Holdings Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 National Bank Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

National Bank Holdings Trend Analysis

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

National Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for National Bank Holdings applied against its price change over selected period. The best fit line has a slop of   0.03  , which means National Bank Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 25.23, which is the sum of squared deviations for the predicted National Bank price change compared to its average price change.

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

National Bank May 18, 2024 Technical Indicators

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

National Bank May 18, 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 National 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.
When determining whether National Bank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bank Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank Holdings. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for National Stock analysis

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