Eon Resources Stock Technical Analysis
| EONR Stock | 0.71 0.07 8.77% |
As of the 13th of December 2024, EON Resources shows the Semi Deviation of 9.27, downside deviation of 10.03, and Mean Deviation of 7.92. EON Resources 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. Please confirm EON Resources coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if EON Resources is priced fairly, providing market reflects its regular price of 0.7116 per share. As EON Resources is a penny stock we also recommend to verify its total risk alpha numbers.
EON Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EON, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EONEON |
EON Resources Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 6.0 | Strong Buy | 2 | Odds |
Most EON analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand EON stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of EON Resources, talking to its executives and customers, or listening to EON conference calls.
EON Resources 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.
EON Resources Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 EON Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
EON Resources Trend Analysis
Use this graph to draw trend lines for EON Resources. You can use it to identify possible trend reversals for EON Resources 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 EON Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EON Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EON Resources applied against its price change over selected period. The best fit line has a slop of 0.0091 , which may suggest that EON Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.15, which is the sum of squared deviations for the predicted EON Resources price change compared to its average price change.About EON Resources 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 EON Resources 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 EON Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EON Resources price pattern first instead of the macroeconomic environment surrounding EON Resources. By analyzing EON Resources'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 EON Resources'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 EON Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
EON Resources December 13, 2024 Technical Indicators
Most technical analysis of EON 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 EON from various momentum indicators to cycle indicators. When you analyze EON 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0224 | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 7.92 | |||
| Semi Deviation | 9.27 | |||
| Downside Deviation | 10.03 | |||
| Coefficient Of Variation | 5642.03 | |||
| Standard Deviation | 16.83 | |||
| Variance | 283.33 | |||
| Information Ratio | 0.0111 | |||
| Jensen Alpha | 0.6728 | |||
| Total Risk Alpha | (2.07) | |||
| Sortino Ratio | 0.0186 | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 139.86 | |||
| Value At Risk | (16.29) | |||
| Potential Upside | 14.71 | |||
| Downside Variance | 100.57 | |||
| Semi Variance | 85.9 | |||
| Expected Short fall | (9.01) | |||
| Skewness | 5.36 | |||
| Kurtosis | 37.82 |
Additional Tools for EON Stock Analysis
When running EON Resources' price analysis, check to measure EON Resources' 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 EON Resources is operating at the current time. Most of EON Resources' value examination focuses on studying past and present price action to predict the probability of EON Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EON Resources' price. Additionally, you may evaluate how the addition of EON Resources to your portfolios can decrease your overall portfolio volatility.