Bukit Asam (Indonesia) Technical Analysis

PTBA Stock  IDR 3,130  40.00  1.29%   
As of the 19th of April, Bukit Asam shows the Risk Adjusted Performance of 0.129, downside deviation of 1.6, and Mean Deviation of 1.24. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Bukit Asam, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Bukit Asam Tbk, which can be compared to its peers. Please confirm Bukit Asam Tbk standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Bukit Asam Tbk is priced correctly, providing market reflects its regular price of 3130.0 per share.

Bukit Asam Momentum Analysis

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

Bukit Asam Tbk Technical Analysis

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Bukit Asam Tbk Trend Analysis

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

Bukit Asam Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bukit Asam Tbk applied against its price change over selected period. The best fit line has a slop of   8.28  , which means Bukit Asam Tbk will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2592719.71, which is the sum of squared deviations for the predicted Bukit Asam price change compared to its average price change.

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

Bukit Asam April 19, 2024 Technical Indicators

Most technical analysis of Bukit 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 Bukit from various momentum indicators to cycle indicators. When you analyze Bukit 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 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Bukit Stock analysis

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