Eni SPA Stock Technical Analysis

E
 Stock
  

USD 28.33  0.54  1.87%   

As of the 6th of December, Eni SPA shows the Downside Deviation of 2.13, coefficient of variation of 558.19, and Mean Deviation of 1.74. Eni SpA ADR 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 analyze and collect data for nineteen technical drivers for Eni SpA ADR, which can be compared to its rivals. Please confirm Eni SpA ADR standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Eni SpA ADR is priced favorably, providing market reflects its regular price of 28.33 per share. Given that Eni SPA has jensen alpha of 0.3022, we urge you to verify Eni SpA ADR's prevailing market performance to make sure the company can sustain itself at a future point.
  

Eni SPA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eni SPA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Eni SPA
Eni SPA'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.

Eni SPA Analyst Consensus

Target PriceAdvice# of Analysts
30.3Buy1Odds
Eni SpA ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Eni SPA 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 Eni SPA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eni SpA ADR, talking to its executives and customers, or listening to Eni SPA conference calls.
Eni SPA Analyst Advice Details
Eni SPA 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 Eni SPA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eni SPA 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...

Eni SpA ADR Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Eni SpA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
.

Eni SpA ADR Trend Analysis

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

Eni SPA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eni SpA ADR applied against its price change over selected period. The best fit line has a slop of   0.17  , which indicates that Eni SpA ADR will continue to generate solid returns. It has 122 observation points and a regression sum of squares at 1043.38, which is the sum of squared deviations for the predicted Eni SPA price change compared to its average price change.

About Eni SPA 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 Eni SpA ADR 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 Eni SpA ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eni SpA ADR price pattern first instead of the macroeconomic environment surrounding Eni SpA ADR. By analyzing Eni SPA'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 Eni SPA'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 Eni SPA specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 (projected)
Book Value per Share20.5924.65
Asset Turnover0.390.63

Eni SPA December 6, 2022 Technical Indicators

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

Eni SPA December 6, 2022 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 Eni SPA 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.
Continue to Investing Opportunities. Note that the Eni SpA ADR information on this page should be used as a complementary analysis to other Eni SPA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Eni SPA Stock analysis

When running Eni SpA ADR price analysis, check to measure Eni SPA'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 Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Is Eni SPA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eni SPA. If investors know Eni SPA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eni SPA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
4.09
Market Capitalization
51.7 B
Quarterly Revenue Growth YOY
0.95
Return On Assets
0.0988
Return On Equity
0.34
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni SPA that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine Eni SPA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA'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.