EDP Renovaveis (Portugal) Momentum Indicators Average Directional Movement Index

EDPR Stock  EUR 13.89  1.21  8.01%   
EDP Renovaveis momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against EDP Renovaveis. EDP Renovaveis value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of EDP Renovaveis are pattern recognition functions that provide distinct formation on EDP Renovaveis potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fifteen with a total number of output elements of fourty-six. The average directional index (ADX) measures the strength of a prevailing trend of EDP Renovaveis and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low EDP Renovaveis ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
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EDP Renovaveis Technical Analysis Modules

Most technical analysis of EDP Renovaveis 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 EDP from various momentum indicators to cycle indicators. When you analyze EDP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About EDP Renovaveis Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EDP Renovaveis. We use our internally-developed statistical techniques to arrive at the intrinsic value of EDP Renovaveis based on widely used predictive technical indicators. In general, we focus on analyzing EDP Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EDP Renovaveis's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of EDP Renovaveis's intrinsic value. In addition to deriving basic predictive indicators for EDP Renovaveis, we also check how macroeconomic factors affect EDP Renovaveis price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of EDP Renovaveis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of EDP Renovaveis in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
12.0513.8915.73
Details
Intrinsic
Valuation
LowRealHigh
13.1915.0316.87
Details
Naive
Forecast
LowNextHigh
12.0313.8715.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.0915.2816.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EDP Renovaveis. Your research has to be compared to or analyzed against EDP Renovaveis' peers to derive any actionable benefits. When done correctly, EDP Renovaveis' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in EDP Renovaveis.

Align your values with your investing style

In addition to having EDP Renovaveis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 500 shares
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDP Renovaveis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for EDP Stock analysis

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