Enel Amricas (Chile) Technical Analysis

ENELAM Stock  CLP 90.49  0.51  0.56%   
As of the 2nd of December, Enel Amricas shows the Variance of 1.25, standard deviation of 1.12, and Mean Deviation of 0.8659. Enel Amricas SA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Enel Amricas Momentum Analysis

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

Enel Amricas SA Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Enel Amricas SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Enel Amricas SA Trend Analysis

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

Enel Amricas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Enel Amricas SA applied against its price change over selected period. The best fit line has a slop of   0.08  , which may suggest that Enel Amricas SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 229.31, which is the sum of squared deviations for the predicted Enel Amricas price change compared to its average price change.

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

Enel Amricas December 2, 2024 Technical Indicators

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

Complementary Tools for Enel Stock analysis

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