Entergy Stock Technical Analysis

ETR
 Stock
  

USD 115.91  0.39  0.34%   

As of the 4th of December, Entergy shows the Coefficient Of Variation of 4690.13, downside deviation of 1.97, and Mean Deviation of 1.47. Entergy 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 interpolate and analyze data for nineteen technical drivers for Entergy, which can be compared to its rivals. Please confirm Entergy variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Entergy is priced favorably, providing market reflects its regular price of 115.91 per share. Given that Entergy has jensen alpha of (0.06), we urge you to verify Entergy's prevailing market performance to make sure the company can sustain itself at a future point.
  

Entergy Momentum Analysis

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

Entergy Analyst Consensus

Target PriceAdvice# of Analysts
118.93Buy7Odds
Entergy current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Entergy 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 Entergy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Entergy, talking to its executives and customers, or listening to Entergy conference calls.
Entergy Analyst Advice Details
Entergy 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 Entergy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Entergy 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...

Entergy Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Entergy volatility developed by Welles Wilder.
.

Entergy Trend Analysis

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

Entergy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Entergy applied against its price change over selected period. The best fit line has a slop of   0.07  , which may imply that Entergy will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 179.32, which is the sum of squared deviations for the predicted Entergy price change compared to its average price change.

About Entergy 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 Entergy 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 Entergy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Entergy price pattern first instead of the macroeconomic environment surrounding Entergy. By analyzing Entergy'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 Entergy'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 Entergy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity1.631.92.081.74
Interest Coverage7.154.54.574.81

Entergy December 4, 2022 Technical Indicators

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

Entergy December 4, 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 Entergy 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. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for analysis

When running Entergy price analysis, check to measure Entergy'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 Entergy is operating at the current time. Most of Entergy's value examination focuses on studying past and present price action to predict the probability of Entergy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Entergy's price. Additionally, you may evaluate how the addition of Entergy to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Is Entergy'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 Entergy. If investors know Entergy 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 Entergy 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
0.042
Market Capitalization
23.6 B
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.0174
Return On Equity
10.76
The market value of Entergy is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy's value that differs from its market value or its book value, called intrinsic value, which is Entergy'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 Entergy's market value can be influenced by many factors that don't directly affect Entergy'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 Entergy's value and its price as these two are different measures arrived at by different means. Investors typically determine Entergy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy'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.