Engie Brasil (Brazil) Technical Analysis

EGIE3 Stock  BRL 39.90  0.49  1.21%   
As of the 19th of April, Engie Brasil shows the Mean Deviation of 0.9712, standard deviation of 1.25, and Variance of 1.55. Engie Brasil Energia 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 thirteen technical drivers for Engie Brasil Energia, which can be compared to its peers. Please confirm Engie Brasil Energia variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Engie Brasil Energia is priced favorably, providing market reflects its regular price of 39.9 per share.

Engie Brasil Momentum Analysis

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

Engie Brasil Energia 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 Engie Brasil Energia volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Engie Brasil Energia Trend Analysis

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

Engie Brasil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Engie Brasil Energia applied against its price change over selected period. The best fit line has a slop of   0.0009  , which may suggest that Engie Brasil Energia market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Engie Brasil price change compared to its average price change.

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

Engie Brasil April 19, 2024 Technical Indicators

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

Engie Brasil April 19, 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 Engie 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Engie Brasil Energia. 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 Engie Brasil Energia information on this page should be used as a complementary analysis to other Engie Brasil'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Engie Stock analysis

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