Ensign Energy Pink Sheet Forecast - Accumulation Distribution

ESVIF Stock  USD 2.23  0.02  0.89%   
Ensign Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ensign Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 10, 2024 Ensign Energy Services had Accumulation Distribution of 5154.9. The accumulation distribution (A/D) indicator shows the degree to which Ensign Energy is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Ensign Energy Services to determine if accumulation or reduction is taking place in the market. This value is adjusted by Ensign Energy trading volume to give more weight to distributions with higher volume over lower volume.
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Ensign Energy Trading Date Momentum

On October 11 2024 Ensign Energy Services was traded for  2.12  at the closing time. The highest daily price throughout the period was 2.12  and the lowest price was  2.09 . The daily volume was 34.7 K. The net trading volume on 10/11/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 3.92% . The overall trading delta to current closing price is 2.45% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Ensign Energy

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

Ensign Energy 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 Ensign Energy pink sheet to make a market-neutral strategy. Peer analysis of Ensign Energy could also be used in its relative valuation, which is a method of valuing Ensign Energy by comparing valuation metrics with similar companies.
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Ensign Energy Services 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 Ensign Energy'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 Ensign Energy's current price.

Ensign Energy Market Strength Events

Market strength indicators help investors to evaluate how Ensign Energy 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 Ensign Energy shares will generate the highest return on investment. By undertsting and applying Ensign Energy pink sheet market strength indicators, traders can identify Ensign Energy Services entry and exit signals to maximize returns.

Ensign Energy Risk Indicators

The analysis of Ensign Energy'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 Ensign Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ensign 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.

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Other Information on Investing in Ensign Pink Sheet

Ensign Energy financial ratios help investors to determine whether Ensign Pink Sheet 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 Ensign with respect to the benefits of owning Ensign Energy security.