Rede Energia (Brazil) Technical Analysis

REDE3 Stock  BRL 6.95  0.05  0.71%   
As of the 25th of April, Rede Energia holds the Semi Deviation of 1.51, coefficient of variation of 9421.3, and Risk Adjusted Performance of 0.0125. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rede Energia, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Rede Energia Participaes, which can be compared to its competitors. Please check Rede Energia Participaes downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Rede Energia Participaes is priced some-what accurately, providing market reflects its current price of 6.95 per share.

Rede Energia Momentum Analysis

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

Rede Energia Participaes 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 Rede Energia Participaes volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rede Energia Participaes Trend Analysis

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

Rede Energia Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rede Energia Participaes applied against its price change over selected period. The best fit line has a slop of    , which means Rede Energia Participaes will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Rede Energia price change compared to its average price change.

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

Rede Energia April 25, 2024 Technical Indicators

Most technical analysis of Rede 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 Rede from various momentum indicators to cycle indicators. When you analyze Rede 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rede Energia Participaes. 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 Rede Energia Participaes information on this page should be used as a complementary analysis to other Rede Energia'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Rede Stock analysis

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