Intraday price change for NM is about $0.10 from the day's low to the day's high.
The previous business day's price range from the open of $1.25 is expected to range from a low of $1.20 to a high of $1.29.
Price moves beyond this range are outside the average.
The previous business day's closing price may be between $1.26 and $1.24 assuming average price movements.
Note that events including news, NM earnings, or broad market swings will unexpectedly affect price.
Closing prices outside of this range indicate a move outside the average closing price movement.
This signal was generated on February 27th
and closed on April 3rd, for a holding time of 25 business days.
Signals with this combination of indicators have an average holding time of 7-8 business days.