Ultra Jaya (Indonesia) Technical Analysis

ULTJ Stock  IDR 1,915  45.00  2.41%   
As of the 28th of March, Ultra Jaya has the Coefficient Of Variation of 1955.21, risk adjusted performance of 0.0356, and Semi Deviation of 1.89. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ultra Jaya Milk, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Ultra Jaya Milk, which can be compared to its competition. Please validate Ultra Jaya Milk treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Ultra Jaya is priced more or less accurately, providing market reflects its prevalent price of 1915.0 per share.

Ultra Jaya Momentum Analysis

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

Ultra Jaya Milk 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 Ultra Jaya Milk volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ultra Jaya Milk Trend Analysis

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

Ultra Jaya Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ultra Jaya Milk applied against its price change over selected period. The best fit line has a slop of   0.72  , which means Ultra Jaya Milk will continue generating value for investors. It has 122 observation points and a regression sum of squares at 19720.68, which is the sum of squared deviations for the predicted Ultra Jaya price change compared to its average price change.

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

Ultra Jaya March 28, 2024 Technical Indicators

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

Ultra Jaya 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 Ultra 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ultra Jaya Milk. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Ultra Stock analysis

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