Brenmiller Energy Ltd Stock Technical Analysis

BNRG Stock  USD 0.82  0.06  7.89%   
As of the 29th of November, Brenmiller Energy shows the risk adjusted performance of 0.0611, and Mean Deviation of 7.3. Brenmiller Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Brenmiller Energy coefficient of variation and the relationship between the jensen alpha and skewness to decide if Brenmiller Energy is priced correctly, providing market reflects its regular price of 0.82 per share. Given that Brenmiller Energy is a hitting penny stock territory we recommend to closely look at its total risk alpha.

Brenmiller Energy Momentum Analysis

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

Brenmiller Energy Technical Analysis

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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 Brenmiller Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Brenmiller Energy Trend Analysis

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

Brenmiller Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Brenmiller Energy Ltd applied against its price change over selected period. The best fit line has a slop of   0.0041  , which may suggest that Brenmiller Energy Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.64, which is the sum of squared deviations for the predicted Brenmiller Energy price change compared to its average price change.

About Brenmiller Energy 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 Brenmiller Energy Ltd 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 Brenmiller Energy Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Brenmiller Energy price pattern first instead of the macroeconomic environment surrounding Brenmiller Energy. By analyzing Brenmiller Energy'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 Brenmiller Energy'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 Brenmiller Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Graham Number17.6112.8112.17
Receivables Turnover2.311.31.11

Brenmiller Energy November 29, 2024 Technical Indicators

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

Brenmiller Energy November 29, 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 Brenmiller 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.

Complementary Tools for Brenmiller Stock analysis

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