Enerplus Stock Forecast - Daily Balance Of Power

ERFDelisted Stock  USD 16.27  0.19  1.18%   
Enerplus Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Enerplus' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On May 8, 2023 Enerplus had Daily Balance Of Power of (0.71). Balance of Power indicator (or BOP) measures the strength of Enerplus market sensitivity to bulls and bears. It estimates the ability of Enerplus buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Enerplus Balance of Power indicator one can determine a trend of the price direction.
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Enerplus Trading Date Momentum

On May 09 2023 Enerplus was traded for  14.58  at the closing time. Highest Enerplus's price during the trading hours was 14.82  and the lowest price during the day was  14.50 . The net volume was 855.8 K. The overall trading history on the 9th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.68% . The overall trading delta to current price is 3.27% .
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.
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Enerplus Market Strength Events

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

Enerplus Risk Indicators

The analysis of Enerplus' 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 Enerplus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enerplus 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.
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.

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You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Enerplus Stock

If you are still planning to invest in Enerplus check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enerplus' history and understand the potential risks before investing.
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