Ensign (Germany) Technical Analysis

EGB Stock  EUR 109.00  1.00  0.91%   
As of the 24th of April, Ensign shows the Risk Adjusted Performance of 0.0386, downside deviation of 1.48, and Semi Deviation of 1.11. Ensign Group 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 interpolate nineteen technical drivers for The Ensign Group, which can be compared to its peers. Please confirm Ensign Group coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Ensign Group is priced favorably, providing market reflects its regular price of 109.0 per share.

Ensign Momentum Analysis

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

Ensign Group Technical Analysis

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The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Ensign Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ensign Group Trend Analysis

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

Ensign Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The Ensign Group applied against its price change over selected period. The best fit line has a slop of   0.05  , which means The Ensign Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 89.37, which is the sum of squared deviations for the predicted Ensign price change compared to its average price change.

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

Ensign April 24, 2024 Technical Indicators

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

Ensign April 24, 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 Ensign 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.
When determining whether Ensign Group is a strong investment it is important to analyze Ensign's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Ensign Stock analysis

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