Englobal Stock Technical Analysis
| ENG Stock | USD 1.26 0.01 0.79% |
As of the 22nd of November, ENGlobal shows the mean deviation of 3.92, and Standard Deviation of 5.44. ENGlobal 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. Please confirm ENGlobal mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if ENGlobal is priced adequately, providing market reflects its regular price of 1.26 per share. Given that ENGlobal is a hitting penny stock territory we advise to closely look at its jensen alpha.
ENGlobal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ENGlobal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ENGlobalENGlobal |
ENGlobal Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.5 | Strong Buy | 1 | Odds |
Most ENGlobal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ENGlobal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ENGlobal, talking to its executives and customers, or listening to ENGlobal conference calls.
ENGlobal 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.
ENGlobal Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 ENGlobal volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ENGlobal Trend Analysis
Use this graph to draw trend lines for ENGlobal. You can use it to identify possible trend reversals for ENGlobal 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 ENGlobal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ENGlobal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ENGlobal applied against its price change over selected period. The best fit line has a slop of 0.000056 , which may imply that ENGlobal will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted ENGlobal price change compared to its average price change.About ENGlobal 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 ENGlobal 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 ENGlobal based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ENGlobal price pattern first instead of the macroeconomic environment surrounding ENGlobal. By analyzing ENGlobal'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 ENGlobal'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 ENGlobal specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.36 | 0.38 | Price To Sales Ratio | 0.79 | 0.75 |
ENGlobal November 22, 2024 Technical Indicators
Most technical analysis of ENGlobal 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 ENGlobal from various momentum indicators to cycle indicators. When you analyze ENGlobal 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.34) | |||
| Mean Deviation | 3.92 | |||
| Coefficient Of Variation | (3,314) | |||
| Standard Deviation | 5.44 | |||
| Variance | 29.6 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.35) | |||
| Maximum Drawdown | 28.92 | |||
| Value At Risk | (7.09) | |||
| Potential Upside | 9.16 | |||
| Skewness | (0.40) | |||
| Kurtosis | 2.78 |
Complementary Tools for ENGlobal Stock analysis
When running ENGlobal's price analysis, check to measure ENGlobal'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 ENGlobal is operating at the current time. Most of ENGlobal's value examination focuses on studying past and present price action to predict the probability of ENGlobal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENGlobal's price. Additionally, you may evaluate how the addition of ENGlobal to your portfolios can decrease your overall portfolio volatility.
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