Astra Otoparts (Indonesia) Technical Analysis

AUTO Stock  IDR 2,330  50.00  2.10%   
As of the 13th of December 2024, Astra Otoparts shows the Mean Deviation of 1.45, risk adjusted performance of 0.0366, and Downside Deviation of 1.71. Astra Otoparts Tbk technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Astra Otoparts Momentum Analysis

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

Astra Otoparts Tbk Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Astra Otoparts Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Astra Otoparts Tbk Trend Analysis

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

Astra Otoparts Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Astra Otoparts Tbk applied against its price change over selected period. The best fit line has a slop of   1.62  , which means Astra Otoparts Tbk will continue generating value for investors. It has 122 observation points and a regression sum of squares at 98985.68, which is the sum of squared deviations for the predicted Astra Otoparts price change compared to its average price change.

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

Astra Otoparts December 13, 2024 Technical Indicators

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

Astra Otoparts December 13, 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 Astra 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.

Other Information on Investing in Astra Stock

Astra Otoparts financial ratios help investors to determine whether Astra Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Astra with respect to the benefits of owning Astra Otoparts security.