Energisa (Brazil) Technical Analysis

ENGI11 Stock  BRL 45.56  0.15  0.33%   
As of the 18th of April 2024, Energisa shows the Mean Deviation of 1.06, variance of 1.98, and Standard Deviation of 1.41. Energisa 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. 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 Energisa SA, which can be compared to its peers. Please confirm Energisa SA variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Energisa SA is priced favorably, providing market reflects its regular price of 45.56 per share.

Energisa Momentum Analysis

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

Energisa SA Technical Analysis

Indicator
Time Period
Execute Indicator
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 Energisa SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Energisa SA Trend Analysis

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

Energisa Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Energisa SA applied against its price change over selected period. The best fit line has a slop of   0.08  , which may suggest that Energisa SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 222.82, which is the sum of squared deviations for the predicted Energisa price change compared to its average price change.

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

Energisa April 18, 2024 Technical Indicators

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

Energisa April 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Energisa stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energisa 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 board of governors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Energisa Stock analysis

When running Energisa's price analysis, check to measure Energisa'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 Energisa is operating at the current time. Most of Energisa's value examination focuses on studying past and present price action to predict the probability of Energisa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energisa's price. Additionally, you may evaluate how the addition of Energisa to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Please note, there is a significant difference between Energisa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energisa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energisa'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.