Multi Indocitra (Indonesia) Technical Analysis

MICE Stock  IDR 525.00  15.00  2.94%   
As of the 30th of April, Multi Indocitra secures the Standard Deviation of 1.76, risk adjusted performance of 0.0014, and Mean Deviation of 1.08. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Multi Indocitra Tbk, 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 Multi Indocitra, which can be compared to its peers in the industry. Please verify Multi Indocitra Tbk information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Multi Indocitra Tbk is priced some-what accurately, providing market reflects its recent price of 525.0 per share.

Multi Indocitra Momentum Analysis

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

Multi Indocitra Tbk Technical Analysis

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The output start index for this execution was twenty-five with a total number of output elements of thirty-six. 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 Multi Indocitra Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Multi Indocitra Tbk Trend Analysis

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

Multi Indocitra Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Multi Indocitra Tbk applied against its price change over selected period. The best fit line has a slop of   0.13  , which means Multi Indocitra Tbk will continue generating value for investors. It has 122 observation points and a regression sum of squares at 679.66, which is the sum of squared deviations for the predicted Multi Indocitra price change compared to its average price change.

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

Multi Indocitra April 30, 2024 Technical Indicators

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

Multi Indocitra April 30, 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 Multi 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 Multi Indocitra Tbk. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Multi Stock analysis

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