Steel Pipe (Indonesia) Technical Analysis
| ISSP Stock | IDR 284.00 2.00 0.71% |
As of the 27th of November, Steel Pipe has the Variance of 0.943, risk adjusted performance of (0.11), and Coefficient Of Variation of (658.91). Steel Pipe technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.
Steel Pipe Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Steel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SteelSteel |
Steel Pipe 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.
Steel Pipe Industry Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Steel Pipe Industry volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Steel Pipe Industry Trend Analysis
Use this graph to draw trend lines for Steel Pipe Industry. You can use it to identify possible trend reversals for Steel Pipe 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 Steel Pipe price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Steel Pipe Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Steel Pipe Industry applied against its price change over selected period. The best fit line has a slop of 0.34 , which may suggest that Steel Pipe Industry market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4498.83, which is the sum of squared deviations for the predicted Steel Pipe price change compared to its average price change.About Steel Pipe 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 Steel Pipe Industry 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 Steel Pipe Industry based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Steel Pipe Industry price pattern first instead of the macroeconomic environment surrounding Steel Pipe Industry. By analyzing Steel Pipe'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 Steel Pipe'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 Steel Pipe specific price patterns or momentum indicators. Please read more on our technical analysis page.
Steel Pipe November 27, 2024 Technical Indicators
Most technical analysis of Steel 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 Steel from various momentum indicators to cycle indicators. When you analyze Steel 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | 2.32 | |||
| Mean Deviation | 0.7624 | |||
| Coefficient Of Variation | (658.91) | |||
| Standard Deviation | 0.9711 | |||
| Variance | 0.943 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 2.31 | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.33 | |||
| Skewness | (0.09) | |||
| Kurtosis | 0.5243 |
Other Information on Investing in Steel Stock
Steel Pipe financial ratios help investors to determine whether Steel 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 Steel with respect to the benefits of owning Steel Pipe security.