Gudang Garam (Indonesia) Technical Analysis

GGRM Stock  IDR 19,625  25.00  0.13%   
As of the 19th of April, Gudang Garam retains the Standard Deviation of 1.16, market risk adjusted performance of 0.3189, and Risk Adjusted Performance of (0.04). Gudang Garam technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Gudang Garam Tbk, which can be compared to its competitors. Please check out Gudang Garam Tbk mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Gudang Garam is priced fairly, providing market reflects its last-minute price of 19625.0 per share.

Gudang Garam Momentum Analysis

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

Gudang Garam Tbk Technical Analysis

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Gudang Garam Tbk Trend Analysis

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

Gudang Garam Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Gudang Garam Tbk applied against its price change over selected period. The best fit line has a slop of   11.21  , which may suggest that Gudang Garam Tbk market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4750101.07, which is the sum of squared deviations for the predicted Gudang Garam price change compared to its average price change.

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

Gudang Garam April 19, 2024 Technical Indicators

Most technical analysis of Gudang 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 Gudang from various momentum indicators to cycle indicators. When you analyze Gudang 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 Risk vs Return Analysis 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Gudang Stock analysis

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