Enel Chile (Chile) Technical Analysis

ENELCHILE  CLP 51.50  2.07  3.86%   
As of the 26th of November, Enel Chile shows the Downside Deviation of 1.46, mean deviation of 1.13, and Coefficient Of Variation of 3863.17. Enel Chile 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.

Enel Chile Momentum Analysis

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

Enel Chile SA Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Enel Chile SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Enel Chile SA Trend Analysis

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

Enel Chile Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Enel Chile SA applied against its price change over selected period. The best fit line has a slop of   0.10  , which means Enel Chile SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 395.1, which is the sum of squared deviations for the predicted Enel Chile price change compared to its average price change.

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

Enel Chile November 26, 2024 Technical Indicators

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

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