Enb Financial Corp Stock Technical Analysis

ENBP Stock  USD 14.95  0.20  1.36%   
As of the 24th of April, ENB Financial owns the Market Risk Adjusted Performance of 0.2847, coefficient of variation of 2765.87, and Downside Deviation of 2.38. ENB Financial Corp technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have analyzed nineteen technical drivers for ENB Financial, which can be compared to its peers in the sector. Please confirm ENB Financial Corp information ratio, and the relationship between the downside deviation and value at risk to decide if ENB Financial Corp is priced favorably, providing market reflects its prevailing price of 14.95 per share. Given that ENB Financial Corp has jensen alpha of 0.0383, we urge you to verify ENB Financial's latest market performance to make sure the company can sustain itself in the future.

ENB Financial Momentum Analysis

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

ENB Financial Corp Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 ENB Financial Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ENB Financial Corp Trend Analysis

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

ENB Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ENB Financial Corp applied against its price change over selected period. The best fit line has a slop of   0.0056  , which may suggest that ENB Financial Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.21, which is the sum of squared deviations for the predicted ENB Financial price change compared to its average price change.

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

ENB Financial April 24, 2024 Technical Indicators

Most technical analysis of ENB 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 ENB from various momentum indicators to cycle indicators. When you analyze ENB 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 ENB Financial Corp. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the ENB Financial Corp information on this page should be used as a complementary analysis to other ENB Financial'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for ENB OTC Stock analysis

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