Elis SA (France) Technical Analysis

ELIS Stock  EUR 19.97  0.10  0.50%   
As of the 24th of November, Elis SA shows the Variance of 7.62, standard deviation of 2.76, and Mean Deviation of 1.6. Elis SA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Elis SA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Elis
  
Elis SA's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Elis SA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Elis SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elis SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Elis SA Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Elis SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Elis SA Trend Analysis

Use this graph to draw trend lines for Elis SA. You can use it to identify possible trend reversals for Elis SA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Elis SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Elis SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Elis SA applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Elis SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 12.26, which is the sum of squared deviations for the predicted Elis SA price change compared to its average price change.

About Elis SA Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Elis SA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Elis SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elis SA price pattern first instead of the macroeconomic environment surrounding Elis SA. By analyzing Elis SA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Elis SA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Elis SA specific price patterns or momentum indicators. Please read more on our technical analysis page.

Elis SA November 24, 2024 Technical Indicators

Most technical analysis of Elis 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 Elis from various momentum indicators to cycle indicators. When you analyze Elis charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Elis Stock analysis

When running Elis SA's price analysis, check to measure Elis 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 Elis SA is operating at the current time. Most of Elis SA's value examination focuses on studying past and present price action to predict the probability of Elis 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 Elis SA's price. Additionally, you may evaluate how the addition of Elis SA to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges