J Resources (Indonesia) Technical Analysis

PSAB Stock  IDR 186.00  3.00  1.59%   
As of the 18th of April 2024, J Resources retains the semi deviation of 2.29, and Market Risk Adjusted Performance of 0.9739. In relation to fundamental indicators, the technical analysis model lets you check timely technical drivers of J Resources Asia, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for J Resources Asia, which can be compared to its competitors. Please check out J Resources Asia maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if J Resources is priced some-what accurately, providing market reflects its last-minute price of 186.0 per share.

J Resources Momentum Analysis

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

J Resources Asia Technical Analysis

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J Resources Asia Trend Analysis

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

J Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for J Resources Asia applied against its price change over selected period. The best fit line has a slop of   2.15  , which means J Resources Asia will continue generating value for investors. It has 122 observation points and a regression sum of squares at 174784.25, which is the sum of squared deviations for the predicted J Resources price change compared to its average price change.

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

J Resources April 18, 2024 Technical Indicators

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

J Resources April 18, 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 PSAB 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 Your Equity Center 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for PSAB Stock analysis

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