Enel SpA (Germany) Technical Analysis
ENL Stock | EUR 6.98 0.07 0.99% |
As of the 19th of December, Enel SpA shows the Mean Deviation of 0.8543, variance of 1.13, and Standard Deviation of 1.06. Enel SpA 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. Please confirm Enel SpA standard deviation, maximum drawdown, kurtosis, as well as the relationship between the information ratio and potential upside to decide if Enel SpA is priced favorably, providing market reflects its regular price of 6.98 per share.
Enel SpA 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 EnelEnel |
Enel SpA 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.
Enel SpA Technical Analysis
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 Enel SpA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Enel SpA Trend Analysis
Use this graph to draw trend lines for Enel SpA. You can use it to identify possible trend reversals for Enel SpA 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 SpA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Enel SpA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Enel SpA applied against its price change over selected period. The best fit line has a slop of 0.0059 , which may suggest that Enel SpA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.3, which is the sum of squared deviations for the predicted Enel SpA price change compared to its average price change.About Enel SpA 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 SpA 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 SpA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Enel SpA price pattern first instead of the macroeconomic environment surrounding Enel SpA. By analyzing Enel SpA'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 SpA'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 SpA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Enel SpA December 19, 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | (0.64) | |||
Mean Deviation | 0.8543 | |||
Coefficient Of Variation | (2,562) | |||
Standard Deviation | 1.06 | |||
Variance | 1.13 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.65) | |||
Maximum Drawdown | 4.3 | |||
Value At Risk | (1.97) | |||
Potential Upside | 1.53 | |||
Skewness | (0.23) | |||
Kurtosis | (0.25) |
Complementary Tools for Enel Stock analysis
When running Enel SpA's price analysis, check to measure Enel SpA'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 Enel SpA is operating at the current time. Most of Enel SpA's value examination focuses on studying past and present price action to predict the probability of Enel SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enel SpA's price. Additionally, you may evaluate how the addition of Enel SpA to your portfolios can decrease your overall portfolio volatility.
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