Eline Entertainment Group Stock Technical Analysis

EEGI Stock  USD 0.0002  0.00  0.00%   
As of the 2nd of December, Eline Entertainment shows the Coefficient Of Variation of 604.94, downside deviation of 52.92, and Mean Deviation of 20.06. Eline Entertainment 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.

Eline Entertainment Momentum Analysis

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

Eline Entertainment Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Eline Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eline Entertainment Trend Analysis

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

Eline Entertainment Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eline Entertainment Group applied against its price change over selected period. The best fit line has a slop of   0.00000259  , which means Eline Entertainment Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Eline Entertainment price change compared to its average price change.

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

Eline Entertainment December 2, 2024 Technical Indicators

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

Complementary Tools for Eline Pink Sheet analysis

When running Eline Entertainment's price analysis, check to measure Eline Entertainment'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 Eline Entertainment is operating at the current time. Most of Eline Entertainment's value examination focuses on studying past and present price action to predict the probability of Eline Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eline Entertainment's price. Additionally, you may evaluate how the addition of Eline Entertainment to your portfolios can decrease your overall portfolio volatility.
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