Enlight Renewable (Israel) Momentum Indicators Average Directional Movement Index Rating

ENLT Stock  ILS 6,066  89.00  1.49%   
Enlight Renewable momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Enlight Renewable. Enlight Renewable 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 momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Enlight Renewable are pattern recognition functions that provide distinct formation on Enlight Renewable potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Enlight Renewable Energy is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Enlight Renewable ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Enlight Renewable Technical Analysis Modules

Most technical analysis of Enlight Renewable 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 Enlight from various momentum indicators to cycle indicators. When you analyze Enlight 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 Enlight Renewable 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 Enlight Renewable Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Enlight Renewable Energy based on widely used predictive technical indicators. In general, we focus on analyzing Enlight Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Enlight Renewable's daily price indicators and compare them against related drivers, such as momentum 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 Enlight Renewable's intrinsic value. In addition to deriving basic predictive indicators for Enlight Renewable, we also check how macroeconomic factors affect Enlight Renewable price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
6,0646,0666,068
Details
Intrinsic
Valuation
LowRealHigh
5,0425,0446,673
Details
Naive
Forecast
LowNextHigh
6,2006,2026,204
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,6595,9546,250
Details

Align your values with your investing style

In addition to having Enlight Renewable in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
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Tech Growth Idea
Tech Growth
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Power Assets Idea
Power Assets
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Mid Cap ETFs Idea
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Disruptive Technologies Idea
Disruptive Technologies
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Artificial Intelligence Idea
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Corona Opportunity Idea
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Automobiles and Trucks Idea
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Additional Information and Resources on Investing in Enlight Stock

When determining whether Enlight Renewable Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Enlight Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Enlight Renewable Energy Stock. Highlighted below are key reports to facilitate an investment decision about Enlight Renewable Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enlight Renewable Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Enlight Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enlight Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enlight Renewable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.