Wilmar Cahaya (Indonesia) Technical Analysis

CEKA Stock  IDR 1,860  15.00  0.80%   
As of the 19th of April, Wilmar Cahaya maintains the Mean Deviation of 0.5772, market risk adjusted performance of (0.21), and Standard Deviation of 0.816. Wilmar Cahaya Indonesia technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Wilmar Cahaya Indonesia, which can be compared to its peers. Please check out Wilmar Cahaya Indonesia treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Wilmar Cahaya Indonesia is priced fairly, providing market reflects its latest price of 1860.0 per share.

Wilmar Cahaya Momentum Analysis

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

Wilmar Cahaya Indonesia Technical Analysis

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Wilmar Cahaya Indonesia Trend Analysis

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

Wilmar Cahaya Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wilmar Cahaya Indonesia applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Wilmar Cahaya Indonesia market price will keep on failing further. It has 122 observation points and a regression sum of squares at 53.32, which is the sum of squared deviations for the predicted Wilmar Cahaya price change compared to its average price change.

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

Wilmar Cahaya April 19, 2024 Technical Indicators

Most technical analysis of Wilmar 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 Wilmar from various momentum indicators to cycle indicators. When you analyze Wilmar 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. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Wilmar Stock analysis

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