Enerjisa Enerji (Turkey) Technical Analysis

ENJSA Stock  TRY 63.45  0.40  0.63%   
As of the 26th of April, Enerjisa Enerji shows the Mean Deviation of 1.64, downside deviation of 1.97, and Coefficient Of Variation of 590.09. Enerjisa Enerji AS 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Enerjisa Enerji AS, which can be compared to its peers. Please confirm Enerjisa Enerji AS coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Enerjisa Enerji AS is priced favorably, providing market reflects its regular price of 63.45 per share.

Enerjisa Enerji Momentum Analysis

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

Enerjisa Enerji AS Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Enerjisa Enerji AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Enerjisa Enerji AS Trend Analysis

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

Enerjisa Enerji Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Enerjisa Enerji AS applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Enerjisa Enerji AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 249.48, which is the sum of squared deviations for the predicted Enerjisa Enerji price change compared to its average price change.

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

Enerjisa Enerji April 26, 2024 Technical Indicators

Most technical analysis of Enerjisa 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 Enerjisa from various momentum indicators to cycle indicators. When you analyze Enerjisa 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerjisa Enerji AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Enerjisa Enerji AS information on this page should be used as a complementary analysis to other Enerjisa Enerji's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Enerjisa Stock analysis

When running Enerjisa Enerji's price analysis, check to measure Enerjisa Enerji'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 Enerjisa Enerji is operating at the current time. Most of Enerjisa Enerji's value examination focuses on studying past and present price action to predict the probability of Enerjisa Enerji's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerjisa Enerji's price. Additionally, you may evaluate how the addition of Enerjisa Enerji to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Enerjisa Enerji's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerjisa Enerji is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerjisa Enerji's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.