Elia Group (Belgium) Pattern Recognition Shooting Star

ELI Stock  EUR 82.10  1.25  1.50%   
Elia Group pattern recognition tool provides the execution environment for running the Shooting Star recognition and other technical functions against Elia Group. Elia Group value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Shooting Star recognition function is designed to identify and follow existing trends. Elia Group momentum indicators are usually used to generate trading rules based on assumptions that Elia Group trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of two valid pattern recognition events for the selected time horizon. The Shooting Star pattern is one of reversal pattern that can predict Elia Group SANV falling future prices.

Elia Group Technical Analysis Modules

Most technical analysis of Elia Group 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 Elia from various momentum indicators to cycle indicators. When you analyze Elia charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Elia Group Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elia Group SANV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elia Group SANV based on widely used predictive technical indicators. In general, we focus on analyzing Elia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elia Group's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Elia Group's intrinsic value. In addition to deriving basic predictive indicators for Elia Group, we also check how macroeconomic factors affect Elia Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
80.4382.1083.77
Details
Intrinsic
Valuation
LowRealHigh
72.0073.6790.31
Details
Naive
Forecast
LowNextHigh
76.3978.0679.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
81.5786.2390.90
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Elia Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Elia Group's short interest history, or implied volatility extrapolated from Elia Group options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Additional Tools for Elia Stock Analysis

When running Elia Group's price analysis, check to measure Elia Group'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 Elia Group is operating at the current time. Most of Elia Group's value examination focuses on studying past and present price action to predict the probability of Elia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elia Group's price. Additionally, you may evaluate how the addition of Elia Group to your portfolios can decrease your overall portfolio volatility.