Prima Alloy (Indonesia) Technical Analysis

PRAS Stock  IDR 97.00  0.00  0.00%   
Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prima Alloy, as well as the relationship between them.

Prima Alloy Momentum Analysis

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

Prima Alloy Steel Technical Analysis

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The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Prima Alloy Steel volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Prima Alloy Steel Trend Analysis

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

Prima Alloy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Prima Alloy Steel applied against its price change over selected period. The best fit line has a slop of   0.00  , . It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Prima Alloy price change compared to its average price change.

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

Other Information on Investing in Prima Stock

Prima Alloy financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Alloy security.