ELNUSA Stock Forecast - Price Action Indicator
| 5EL Stock | EUR 0.02 0.0005 2.50% |
ELNUSA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ELNUSA stock prices and determine the direction of ELNUSA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ELNUSA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of ELNUSA to cross-verify your projections. ELNUSA |
Most investors in ELNUSA cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ELNUSA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ELNUSA's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check ELNUSA Volatility | Backtest ELNUSA | Information Ratio |
ELNUSA Trading Date Momentum
| On May 03 2024 ELNUSA was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 3rd of May 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare ELNUSA to competition |
Other Forecasting Options for ELNUSA
For every potential investor in ELNUSA, whether a beginner or expert, ELNUSA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ELNUSA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ELNUSA. Basic forecasting techniques help filter out the noise by identifying ELNUSA's price trends.ELNUSA Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ELNUSA stock to make a market-neutral strategy. Peer analysis of ELNUSA could also be used in its relative valuation, which is a method of valuing ELNUSA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ELNUSA Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ELNUSA's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ELNUSA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ELNUSA Market Strength Events
Market strength indicators help investors to evaluate how ELNUSA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ELNUSA shares will generate the highest return on investment. By undertsting and applying ELNUSA stock market strength indicators, traders can identify ELNUSA entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.0205 | |||
| Day Typical Price | 0.0205 | |||
| Price Action Indicator | 3.0E-4 | |||
| Period Momentum Indicator | 5.0E-4 | |||
| Relative Strength Index | 58.51 |
ELNUSA Risk Indicators
The analysis of ELNUSA's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ELNUSA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elnusa stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.05 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 1.73 | |||
| Variance | 3.01 | |||
| Downside Variance | 9.15 | |||
| Semi Variance | 1.58 | |||
| Expected Short fall | (2.80) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of ELNUSA to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for ELNUSA Stock analysis
When running ELNUSA's price analysis, check to measure ELNUSA'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 ELNUSA is operating at the current time. Most of ELNUSA's value examination focuses on studying past and present price action to predict the probability of ELNUSA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELNUSA's price. Additionally, you may evaluate how the addition of ELNUSA to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |