PT Indofood (Indonesia) Technical Analysis Overview

ICBP -- Indonesia Stock  

IDR 8,875  50.00  0.57%

PT Indofood CBP Sukses Makmur Tbk owns Standard Deviation of 2.42 and Market Risk Adjusted Performance of 0.11. PT Indofood CBP Sukses Makmur Tbk technical analysis gives you tools to exploit past data patterns in attempt to determine a pattern that determines the direction of the company future prices. Strictly speaking you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for PT Indofood which can be compared to its peers in the sector. Please check PT Indofood CBP Mean Deviation, Downside Deviation, Standard Deviation, as well as the relationship between Semi Deviation and Coefficient Of Variation to decide if PT Indofood CBP Sukses Makmur Tbk is priced more or less accurately providing market reflects its prevailing price of 8875.0 per share.
 Time Horizon     30 Days    Login   to change

PT Indofood CBP Technical Analysis

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
The output start index for this execution was fourteen with a total number of output elements of three. 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 PT Indofood CBP volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

PT Indofood CBP Trend Analysis

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

PT Indofood Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PT Indofood CBP Sukses Makmur Tbk applied against its price change over selected period. The best fit line has a slop of 28.41 % which means PT Indofood CBP Sukses Makmur Tbk will continue producing value for investors. It has 34 observation points and a regression sum of squares at 658812.0, which is the sum of squared deviations for the predicted PT Indofood price change compared to its average price change.

Current Sentiment - ICBP

PT Indofood CBP Investor Sentiment
Most of Macroaxis users are currently bullish on PT Indofood CBP Sukses Makmur Tbk. What is your perspective on investing in PT Indofood CBP Sukses Makmur Tbk? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

PT Indofood July 17, 2018 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.