Enlight Renewable Energy ENLT
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
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About
Enlight Renewable Energy (ENLT) Business Model and Operations Summary
Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.
Key Insights
Enlight Renewable Energy (ENLT) Stock Information & Key Business Metrics
Market Cap
$11.90 BillionAverage Daily Volume
166,690 Shares52-Week Range
$16.87-$96.00Total Outstanding Shares
139.72 Million SharesFree Float
137.97 Million Shares (99.03% Outstanding)CEO
Adi LeviatanTotal Employees
406Current Dividend
No dividendIPO Date
August 9, 2019