Enauta Participaes (Brazil) Technical Analysis

ENAT3 Stock  BRL 28.61  0.44  1.51%   
As of the 28th of March, Enauta Participaes shows the Semi Deviation of 1.66, downside deviation of 2.36, and Mean Deviation of 2.54. Enauta Participaes 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 analyze nineteen technical drivers for Enauta Participaes SA, which can be compared to its rivals. Please confirm Enauta Participaes semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Enauta Participaes is priced favorably, providing market reflects its regular price of 28.61 per share.

Enauta Participaes Momentum Analysis

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

Enauta Participaes Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Enauta Participaes volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Enauta Participaes Trend Analysis

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

Enauta Participaes Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Enauta Participaes SA applied against its price change over selected period. The best fit line has a slop of   0.20  , which means Enauta Participaes SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1562.8, which is the sum of squared deviations for the predicted Enauta Participaes price change compared to its average price change.

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

Enauta Participaes March 28, 2024 Technical Indicators

Most technical analysis of Enauta 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 Enauta from various momentum indicators to cycle indicators. When you analyze Enauta 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 Enauta Participaes SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Enauta Participaes information on this page should be used as a complementary analysis to other Enauta Participaes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Enauta Stock analysis

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