Engie Sa Stock Technical Analysis
| ENGQF Stock | USD 16.00 0.54 3.26% |
As of the 23rd of November, Engie SA shows the Mean Deviation of 2.0, standard deviation of 2.45, and Variance of 6.01. Engie 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. Please confirm Engie SA mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Engie SA is priced favorably, providing market reflects its regular price of 16.0 per share. Given that Engie SA has information ratio of (0.09), we urge you to verify Engie SA's prevailing market performance to make sure the company can sustain itself at a future point.
Engie 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 Engie, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EngieEngie |
Engie SA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Engie SA Technical Analysis
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 Engie SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Engie SA Trend Analysis
Use this graph to draw trend lines for Engie SA. You can use it to identify possible trend reversals for Engie 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 Engie SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Engie SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Engie SA applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Engie SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 29.33, which is the sum of squared deviations for the predicted Engie SA price change compared to its average price change.About Engie 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 Engie 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 Engie SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Engie SA price pattern first instead of the macroeconomic environment surrounding Engie SA. By analyzing Engie 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 Engie 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 Engie SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Engie SA November 23, 2024 Technical Indicators
Most technical analysis of Engie 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 Engie from various momentum indicators to cycle indicators. When you analyze Engie 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.2087 | |||
| Mean Deviation | 2.0 | |||
| Coefficient Of Variation | (2,473) | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.01 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.1987 | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.47 | |||
| Skewness | 0.0569 | |||
| Kurtosis | (0.80) |
Complementary Tools for Engie Pink Sheet analysis
When running Engie SA's price analysis, check to measure Engie 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 Engie SA is operating at the current time. Most of Engie SA's value examination focuses on studying past and present price action to predict the probability of Engie 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 Engie SA's price. Additionally, you may evaluate how the addition of Engie SA to your portfolios can decrease your overall portfolio volatility.
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