Merdeka Copper (Indonesia) Technical Analysis

MDKA Stock  IDR 2,760  80.00  2.82%   
As of the 19th of April, Merdeka Copper secures the Mean Deviation of 2.34, downside deviation of 2.57, and Risk Adjusted Performance of 0.0251. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Merdeka Copper Gold, as well as the relationship between them. 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 nineteen technical drivers for Merdeka Copper, which can be compared to its peers in the industry. Please verify Merdeka Copper Gold information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Merdeka Copper Gold is priced some-what accurately, providing market reflects its recent price of 2760.0 per share.

Merdeka Copper Momentum Analysis

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

Merdeka Copper Gold Technical Analysis

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Merdeka Copper Gold Trend Analysis

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

Merdeka Copper Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Merdeka Copper Gold applied against its price change over selected period. The best fit line has a slop of   2.1  , which may suggest that Merdeka Copper Gold market price will keep on failing further. It has 122 observation points and a regression sum of squares at 166777.8, which is the sum of squared deviations for the predicted Merdeka Copper price change compared to its average price change.

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

Merdeka Copper April 19, 2024 Technical Indicators

Most technical analysis of Merdeka 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 Merdeka from various momentum indicators to cycle indicators. When you analyze Merdeka 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 Correlation Analysis 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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