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?