Enel SpA (Germany) Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Enel SpA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enel SpA 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 SpA Technical Analysis

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   0.0042  , 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 0.66, which is the sum of squared deviations for the predicted Enel SpA price change compared to its average price change.

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.

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.