Entertainment Network (India) Technical Analysis

ENIL Stock   142.12  1.31  0.91%   
As of the 27th of February, Entertainment Network shows the Mean Deviation of 1.53, standard deviation of 2.25, and Variance of 5.07. Entertainment Network 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 Entertainment Network mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Entertainment Network is priced favorably, providing market reflects its regular price of 142.12 per share.

Entertainment Network Momentum Analysis

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

Entertainment Network Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Entertainment Network volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Entertainment Network Trend Analysis

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

Entertainment Network Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Entertainment Network Limited applied against its price change over selected period. The best fit line has a slop of   0.86  , which may suggest that Entertainment Network Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 27714.37, which is the sum of squared deviations for the predicted Entertainment Network price change compared to its average price change.

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

Entertainment Network February 27, 2025 Technical Indicators

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

Additional Tools for Entertainment Stock Analysis

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