Lotte Chemical (Indonesia) Technical Analysis

FPNI Stock  IDR 185.00  1.00  0.54%   
As of the 19th of April, Lotte Chemical secures the Risk Adjusted Performance of (0.05), standard deviation of 1.12, and Mean Deviation of 0.7365. Lotte Chemical Titan technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Lotte Chemical, which can be compared to its peers in the industry. Please verify Lotte Chemical Titan mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Lotte Chemical Titan is priced some-what accurately, providing market reflects its recent price of 185.0 per share.

Lotte Chemical Momentum Analysis

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

Lotte Chemical Titan Technical Analysis

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Lotte Chemical Titan Trend Analysis

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

Lotte Chemical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lotte Chemical Titan applied against its price change over selected period. The best fit line has a slop of   0.22  , which may suggest that Lotte Chemical Titan market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1758.0, which is the sum of squared deviations for the predicted Lotte Chemical price change compared to its average price change.

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

Lotte Chemical April 19, 2024 Technical Indicators

Most technical analysis of Lotte 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 Lotte from various momentum indicators to cycle indicators. When you analyze Lotte 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 Investing Opportunities 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Lotte Stock analysis

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