Alkindo Naratama (Indonesia) Technical Analysis

ALDO Stock  IDR 855.00  5.00  0.58%   
As of the 25th of April, Alkindo Naratama shows the Risk Adjusted Performance of 0.0793, mean deviation of 1.67, and Downside Deviation of 3.73. Alkindo Naratama Tbk technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 nineteen technical drivers for Alkindo Naratama Tbk, which can be compared to its peers. Please confirm Alkindo Naratama Tbk downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Alkindo Naratama Tbk is priced correctly, providing market reflects its regular price of 855.0 per share.

Alkindo Naratama Momentum Analysis

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

Alkindo Naratama Tbk Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Alkindo Naratama Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alkindo Naratama Tbk Trend Analysis

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

Alkindo Naratama Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alkindo Naratama Tbk applied against its price change over selected period. The best fit line has a slop of   3.76  , which means Alkindo Naratama Tbk will continue producing value for investors. It has 122 observation points and a regression sum of squares at 535863.82, which is the sum of squared deviations for the predicted Alkindo Naratama price change compared to its average price change.

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

Alkindo Naratama April 25, 2024 Technical Indicators

Most technical analysis of Alkindo 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 Alkindo from various momentum indicators to cycle indicators. When you analyze Alkindo 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkindo Naratama Tbk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Alkindo Naratama's price analysis, check to measure Alkindo Naratama'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 Alkindo Naratama is operating at the current time. Most of Alkindo Naratama's value examination focuses on studying past and present price action to predict the probability of Alkindo Naratama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkindo Naratama's price. Additionally, you may evaluate how the addition of Alkindo Naratama to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Alkindo Naratama's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alkindo Naratama is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkindo Naratama'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.