Naturgy Energy (Spain) Technical Analysis

NTGY Stock  EUR 23.32  0.26  1.13%   
As of the 1st of December, Naturgy Energy secures the Risk Adjusted Performance of 0.0393, mean deviation of 0.7636, and Downside Deviation of 1.04. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Naturgy Energy Group, as well as the relationship between them.

Naturgy Energy Momentum Analysis

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

Naturgy Energy Group Technical Analysis

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

Naturgy Energy Group Trend Analysis

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

Naturgy Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Naturgy Energy Group applied against its price change over selected period. The best fit line has a slop of   0.0003  , which may suggest that Naturgy Energy Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Naturgy Energy price change compared to its average price change.

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

Naturgy Energy December 1, 2024 Technical Indicators

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

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