NESTLE SA Technical Analysis

NSRGF -- USA Stock  

USD 103.57  0.40  0.39%

As of the 5th of December NESTLE SA secures Risk Adjusted Performance of (0.045503), Mean Deviation of 1.08 and Market Risk Adjusted Performance of (2.26). In respect to Fundamental Indicators, Macroaxis technical analysis interface lets you check practical technical drivers of NESTLE SA 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 found nineteen technical drivers for NESTLE SA which can be compared to its peers in the industry. Please verify NESTLE SA Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if NESTLE SA is priced more or less accurately providing market reflects its recent price of 103.57 per share. Given that NESTLE SA has Jensen Alpha of (0.14), we recommend you check NESTLE SA last-minute market performance to make sure the company can sustain itself at some point future time.
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NESTLE SA Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Normalized Average True Range is used to analyze tradable apportunities for NESTLE SA across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

NESTLE SA Trend Analysis

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

NESTLE SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NESTLE SA applied against its price change over selected period. The best fit line has a slop of   0.07  which may suggest that NESTLE SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 210.39, which is the sum of squared deviations for the predicted NESTLE SA price change compared to its average price change.

NESTLE SA December 5, 2019 Technical Indicators

NESTLE SA December 5, 2019 Daily Price Condition

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