Ellomay Capital Stock Technical Analysis

ELLO Stock  USD 16.49  0.47  2.93%   
As of the 26th of November, Ellomay Capital shows the Mean Deviation of 2.16, downside deviation of 2.87, and Coefficient Of Variation of 940.72. Ellomay Capital 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.

Ellomay Capital Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ellomay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ellomay
  
Ellomay Capital'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.
Ellomay Capital 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 Ellomay Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ellomay Capital 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...

Ellomay Capital Technical Analysis

Indicator
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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Ellomay Capital volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ellomay Capital Trend Analysis

Use this graph to draw trend lines for Ellomay Capital. You can use it to identify possible trend reversals for Ellomay Capital 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 Ellomay Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ellomay Capital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ellomay Capital applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Ellomay Capital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 74.48, which is the sum of squared deviations for the predicted Ellomay Capital price change compared to its average price change.

About Ellomay Capital 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 Ellomay Capital 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 Ellomay Capital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ellomay Capital price pattern first instead of the macroeconomic environment surrounding Ellomay Capital. By analyzing Ellomay Capital'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 Ellomay Capital'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 Ellomay Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0099850.00888
Price To Sales Ratio2.122.02

Ellomay Capital November 26, 2024 Technical Indicators

Most technical analysis of Ellomay 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 Ellomay from various momentum indicators to cycle indicators. When you analyze Ellomay 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.

Ellomay Capital November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Ellomay stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Ellomay Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellomay Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellomay Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellomay Capital Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellomay Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellomay Capital. If investors know Ellomay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellomay Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.44
Earnings Share
(0.24)
Revenue Per Share
3.24
Quarterly Revenue Growth
(0.15)
Return On Assets
(0)
The market value of Ellomay Capital is measured differently than its book value, which is the value of Ellomay that is recorded on the company's balance sheet. Investors also form their own opinion of Ellomay Capital's value that differs from its market value or its book value, called intrinsic value, which is Ellomay Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellomay Capital's market value can be influenced by many factors that don't directly affect Ellomay Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ellomay Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellomay Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellomay Capital'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.