Mitra Keluarga (Indonesia) Technical Analysis

MIKA Stock  IDR 2,820  30.00  1.08%   
As of the 16th of April 2024, Mitra Keluarga secures the Downside Deviation of 1.96, risk adjusted performance of 0.0197, and Mean Deviation of 1.51. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mitra Keluarga Karyasehat, 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 Mitra Keluarga, which can be compared to its peers in the industry. Please verify Mitra Keluarga Karyasehat maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Mitra Keluarga Karyasehat is priced some-what accurately, providing market reflects its recent price of 2820.0 per share.

Mitra Keluarga Momentum Analysis

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

Mitra Keluarga Karyasehat Technical Analysis

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Mitra Keluarga Karyasehat Trend Analysis

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

Mitra Keluarga Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mitra Keluarga Karyasehat applied against its price change over selected period. The best fit line has a slop of   1.38  , which means Mitra Keluarga Karyasehat will continue generating value for investors. It has 122 observation points and a regression sum of squares at 72268.6, which is the sum of squared deviations for the predicted Mitra Keluarga price change compared to its average price change.

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

Mitra Keluarga April 16, 2024 Technical Indicators

Most technical analysis of Mitra 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 Mitra from various momentum indicators to cycle indicators. When you analyze Mitra 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Mitra Stock analysis

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