Energisa Mato (Brazil) Technical Analysis

ENMT3 Stock  BRL 76.00  3.80  5.26%   
As of the 19th of April, Energisa Mato shows the Mean Deviation of 0.6387, downside deviation of 2.46, and Coefficient Of Variation of 1032.49. Energisa Mato Grosso 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 Energisa Mato Grosso, which can be compared to its peers. Please confirm Energisa Mato Grosso information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if Energisa Mato Grosso is priced favorably, providing market reflects its regular price of 76.0 per share.

Energisa Mato 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 Mato'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 Mato 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 Mato technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Energisa Mato 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 Mato Grosso 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 Energisa Mato Grosso volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Energisa Mato Grosso Trend Analysis

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

Energisa Mato Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Energisa Mato Grosso applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Energisa Mato Grosso will continue generating value for investors. It has 122 observation points and a regression sum of squares at 152.42, which is the sum of squared deviations for the predicted Energisa Mato price change compared to its average price change.

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

Energisa Mato April 19, 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energisa Mato Grosso. 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 Energisa Mato Grosso information on this page should be used as a complementary analysis to other Energisa Mato's 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Energisa Stock analysis

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