Endesa SA Pink Sheet Forecast - Price Action Indicator

ELEZY Stock  USD 10.98  0.24  2.23%   
Endesa Pink Sheet Forecast is based on your current time horizon.
  
On November 27, 2024 Endesa SA ADR had Price Action Indicator of (0.15). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Endesa SA Trading Date Momentum

On November 29 2024 Endesa SA ADR was traded for  10.98  at the closing time. The highest daily price throughout the period was 11.06  and the lowest price was  10.90 . The daily volume was 24.1 K. The net trading volume on 11/29/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 2.23% . The overall trading delta to current closing price is 2.98% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Endesa SA

For every potential investor in Endesa, whether a beginner or expert, Endesa SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Endesa Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Endesa. Basic forecasting techniques help filter out the noise by identifying Endesa SA's price trends.

Endesa SA Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Endesa SA pink sheet to make a market-neutral strategy. Peer analysis of Endesa SA could also be used in its relative valuation, which is a method of valuing Endesa SA by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Endesa SA ADR Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Endesa SA's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Endesa SA's current price.

Endesa SA Market Strength Events

Market strength indicators help investors to evaluate how Endesa SA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Endesa SA shares will generate the highest return on investment. By undertsting and applying Endesa SA pink sheet market strength indicators, traders can identify Endesa SA ADR entry and exit signals to maximize returns.

Endesa SA Risk Indicators

The analysis of Endesa SA's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Endesa SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting endesa pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Endesa Pink Sheet Analysis

When running Endesa SA's price analysis, check to measure Endesa SA'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 Endesa SA is operating at the current time. Most of Endesa SA's value examination focuses on studying past and present price action to predict the probability of Endesa SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endesa SA's price. Additionally, you may evaluate how the addition of Endesa SA to your portfolios can decrease your overall portfolio volatility.