Eni SpA Stock Forecast - Daily Balance Of Power
| ENI Stock | EUR 13.41 0.06 0.45% |
Eni Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eni SpA stock prices and determine the direction of Eni SpA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eni SpA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Eni |
| Check Eni SpA Volatility | Backtest Eni SpA | Trend Details |
Eni SpA Trading Date Momentum
| On September 13 2024 Eni SpA was traded for 13.53 at the closing time. The maximum traded price for the trading interval was 13.53 and the lowest daily price was 13.31 . There was no trading activity during the period 1.0. Lack of trading volume on 13th of September 2024 played a part in the next trading day price jump. The overall trading delta to the next closing price was 1.35% . The overall trading delta to the closing price today is 2.17% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Eni SpA to competition |
Other Forecasting Options for Eni SpA
For every potential investor in Eni, whether a beginner or expert, Eni SpA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eni Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eni. Basic forecasting techniques help filter out the noise by identifying Eni SpA's price trends.Eni SpA 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 Eni SpA stock to make a market-neutral strategy. Peer analysis of Eni SpA could also be used in its relative valuation, which is a method of valuing Eni SpA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eni SpA Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Eni SpA'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 Eni SpA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eni SpA Market Strength Events
Market strength indicators help investors to evaluate how Eni SpA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eni SpA shares will generate the highest return on investment. By undertsting and applying Eni SpA stock market strength indicators, traders can identify Eni SpA entry and exit signals to maximize returns.
Eni SpA Risk Indicators
The analysis of Eni SpA'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 Eni SpA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eni stock 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.
| Mean Deviation | 0.9219 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.4 |
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.Other Information on Investing in Eni Stock
Eni SpA financial ratios help investors to determine whether Eni 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 Eni with respect to the benefits of owning Eni SpA security.