Average True Range (ATR) of the Ethereum Name Service: ENS Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
On October 29, 2024, the ATR for ENS was 1.39, indicating low volatility. Divided by the ENS price, the ATR is 0.08.images (73).jpeg