Evgo Equity Warrants Stock Technical Analysis

EVGOW Stock  USD 1.09  0.17  18.48%   
As of the 22nd of November, EVgo Equity shows the Downside Deviation of 9.26, coefficient of variation of 641.34, and Mean Deviation of 11.66. EVgo Equity Warrants 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 EVgo Equity Warrants mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if EVgo Equity Warrants is priced favorably, providing market reflects its regular price of 1.09 per share. Given that EVgo Equity is a hitting penny stock territory we advise to closely look at its total risk alpha.

EVgo Equity Momentum Analysis

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

EVgo Equity Warrants Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 EVgo Equity Warrants volatility. High ATR values indicate high volatility, and low values indicate low volatility.

EVgo Equity Warrants Trend Analysis

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

EVgo Equity Best Fit Change Line

The following chart estimates an ordinary least squares regression model for EVgo Equity Warrants applied against its price change over selected period. The best fit line has a slop of   0.02  , which means EVgo Equity Warrants will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.09, which is the sum of squared deviations for the predicted EVgo Equity price change compared to its average price change.

About EVgo Equity 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 EVgo Equity Warrants 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 EVgo Equity Warrants based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EVgo Equity Warrants price pattern first instead of the macroeconomic environment surrounding EVgo Equity Warrants. By analyzing EVgo Equity'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 EVgo Equity'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 EVgo Equity specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover9.866.614.937.83
Days Of Inventory On Hand80.3730.0127.0118.62

EVgo Equity November 22, 2024 Technical Indicators

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

EVgo Equity November 22, 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 EVgo 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.

Additional Tools for EVgo Stock Analysis

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