Engro (Pakistan) Volatility Indicators Average True Range

ENGRO Stock   319.20  13.51  4.06%   
Engro volatility indicators tool provides the execution environment for running the Average True Range indicator and other technical functions against Engro. Engro value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volatility indicators indicators. As with most other technical indicators, the Average True Range indicator function is designed to identify and follow existing trends. Engro volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

Indicator
Time Period
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The output start index for this execution was one with a total number of output elements of sixty. 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 Engro volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Engro Technical Analysis Modules

Most technical analysis of Engro 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 Engro from various momentum indicators to cycle indicators. When you analyze Engro charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Engro Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Engro. We use our internally-developed statistical techniques to arrive at the intrinsic value of Engro based on widely used predictive technical indicators. In general, we focus on analyzing Engro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Engro's daily price indicators and compare them against related drivers, such as volatility indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Engro's intrinsic value. In addition to deriving basic predictive indicators for Engro, we also check how macroeconomic factors affect Engro price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
317.76319.20320.64
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Intrinsic
Valuation
LowRealHigh
316.04317.48351.12
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Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Engro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Engro's short interest history, or implied volatility extrapolated from Engro options trading.

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Other Information on Investing in Engro Stock

Engro financial ratios help investors to determine whether Engro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Engro with respect to the benefits of owning Engro security.