As of 23 of October Bloom Energy shows Mean Deviation of 4.89 and Risk Adjusted Performance of (0.15). Bloom Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English 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 found nineteen technical drivers for Bloom Energy Corporation which can be compared to its rivals. Please confirm Bloom EnergyMaximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Bloom Energy is priced correctly providing market reflects its regular price of 2.76 per share. Please also double-check Bloom Energy Corporation Total Risk Alpha which is currently at (1.06) to validate the company can sustain itself at future point.
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Bloom Energy volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.
Bloom Energy Trend Analysis
Use this graph to draw trend lines for Bloom Energy Corporation. You can use it to identify possible trend reversals for Bloom Energy 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 Bloom Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Bloom Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bloom Energy Corporation applied against its price change over selected period. The best fit line has a slop of 0.04 which may indicate that the price for Bloom Energy Corporation will continue to decline. It has 122 observation points and a regression sum of squares at 68.43, which is the sum of squared deviations for the predicted Bloom Energy price change compared to its average price change.
Bloom Energy October 23, 2019 Technical Indicators