Resource Alam (Indonesia) Technical Analysis

KKGI Stock  IDR 334.00  30.00  8.24%   
As of the 28th of March, Resource Alam holds the Semi Deviation of 0.7645, risk adjusted performance of 0.0321, and Coefficient Of Variation of 2013.24. Resource Alam Indonesia technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Resource Alam Indonesia, which can be compared to its competitors. Please check Resource Alam Indonesia maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Resource Alam Indonesia is priced some-what accurately, providing market reflects its current price of 334.0 per share.

Resource Alam Momentum Analysis

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

Resource Alam 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 Resource Alam Indonesia volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Resource Alam Indonesia Trend Analysis

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

Resource Alam Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Resource Alam Indonesia applied against its price change over selected period. The best fit line has a slop of   0.42  , which may suggest that Resource Alam Indonesia market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6691.29, which is the sum of squared deviations for the predicted Resource Alam price change compared to its average price change.

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

Resource Alam March 28, 2024 Technical Indicators

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

Resource Alam 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 Resource 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 Resource Alam 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Resource Stock analysis

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