Electra (Israel) Technical Analysis

ELTR Stock  ILS 140,840  1,820  1.31%   
As of the 24th of April, Electra shows the Mean Deviation of 1.87, standard deviation of 2.23, and Variance of 4.97. Electra 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Electra, which can be compared to its peers. Please confirm Electra variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Electra is priced favorably, providing market reflects its regular price of 140840.0 per share.

Electra Momentum Analysis

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

Electra 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 Electra volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Electra Trend Analysis

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

Electra Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Electra applied against its price change over selected period. The best fit line has a slop of   143.36  , which means Electra will continue producing value for investors. It has 122 observation points and a regression sum of squares at 7.7723036956E8, which is the sum of squared deviations for the predicted Electra price change compared to its average price change.

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

Electra April 24, 2024 Technical Indicators

Most technical analysis of Electra 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 Electra from various momentum indicators to cycle indicators. When you analyze Electra 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Electra Stock analysis

When running Electra's price analysis, check to measure Electra'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 Electra is operating at the current time. Most of Electra's value examination focuses on studying past and present price action to predict the probability of Electra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra's price. Additionally, you may evaluate how the addition of Electra to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Electra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.