Midi Utama (Indonesia) Technical Analysis

MIDI Stock  IDR 422.00  2.00  0.47%   
As of the 28th of March, Midi Utama secures the Standard Deviation of 3.37, risk adjusted performance of 0.0032, and Mean Deviation of 2.31. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Midi Utama Indonesia, 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 thirteen technical drivers for Midi Utama, which can be compared to its peers in the industry. Please verify Midi Utama Indonesia variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Midi Utama Indonesia is priced some-what accurately, providing market reflects its recent price of 422.0 per share.

Midi Utama Momentum Analysis

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

Midi Utama Indonesia Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Midi Utama Indonesia volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Midi Utama Indonesia Trend Analysis

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

Midi Utama Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Midi Utama Indonesia applied against its price change over selected period. The best fit line has a slop of   0.55  , which means Midi Utama Indonesia will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11470.27, which is the sum of squared deviations for the predicted Midi Utama price change compared to its average price change.

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

Midi Utama March 28, 2024 Technical Indicators

Most technical analysis of Midi 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 Midi from various momentum indicators to cycle indicators. When you analyze Midi 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.

Midi Utama March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Midi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midi Utama Indonesia. 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Midi Stock analysis

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