Emera Inc Preferred Stock Technical Analysis

EMA-PH Preferred Stock  CAD 23.69  0.30  1.28%   
As of the 3rd of December, Emera shows the Coefficient Of Variation of 1812.18, mean deviation of 0.5002, and Downside Deviation of 0.7931. Emera Inc 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.

Emera Momentum Analysis

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

Emera Inc Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Emera Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Emera Inc Trend Analysis

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

Emera Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Emera Inc applied against its price change over selected period. The best fit line has a slop of   0.0057  , which may suggest that Emera Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.22, which is the sum of squared deviations for the predicted Emera price change compared to its average price change.

About Emera 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 Emera Inc 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 Emera Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Emera Inc price pattern first instead of the macroeconomic environment surrounding Emera Inc. By analyzing Emera'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 Emera'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 Emera specific price patterns or momentum indicators. Please read more on our technical analysis page.

Emera December 3, 2024 Technical Indicators

Most technical analysis of Emera 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 Emera from various momentum indicators to cycle indicators. When you analyze Emera 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 Emera Preferred Stock analysis

When running Emera's price analysis, check to measure Emera'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 Emera is operating at the current time. Most of Emera's value examination focuses on studying past and present price action to predict the probability of Emera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emera's price. Additionally, you may evaluate how the addition of Emera to your portfolios can decrease your overall portfolio volatility.
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