Bank Mandiri Persero Stock Technical Analysis

PPERY Stock  USD 16.05  0.61  3.66%   
As of the 16th of April 2024, Bank Mandiri shows the Mean Deviation of 1.02, downside deviation of 1.67, and Risk Adjusted Performance of 0.0197. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Bank Mandiri, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Bank Mandiri Persero, which can be compared to its peers. Please confirm Bank Mandiri Persero standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Bank Mandiri Persero is priced correctly, providing market reflects its regular price of 16.05 per share. Given that Bank Mandiri has jensen alpha of 0.0402, we suggest you to validate Bank Mandiri Persero's prevailing market performance to make sure the company can sustain itself at a future point.

Bank Mandiri Momentum Analysis

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

Bank Mandiri Persero Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Bank Mandiri Persero volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bank Mandiri Persero Trend Analysis

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

Bank Mandiri Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bank Mandiri Persero applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Bank Mandiri Persero will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.46, which is the sum of squared deviations for the predicted Bank Mandiri price change compared to its average price change.

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

Bank Mandiri April 16, 2024 Technical Indicators

Most technical analysis of Bank 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 Bank from various momentum indicators to cycle indicators. When you analyze Bank 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.

Bank Mandiri April 16, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Bank stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Bank Mandiri Persero. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Bank Pink Sheet analysis

When running Bank Mandiri's price analysis, check to measure Bank Mandiri'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 Bank Mandiri is operating at the current time. Most of Bank Mandiri's value examination focuses on studying past and present price action to predict the probability of Bank Mandiri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Mandiri's price. Additionally, you may evaluate how the addition of Bank Mandiri to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stocks Directory
Find actively traded stocks across global markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Please note, there is a significant difference between Bank Mandiri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank Mandiri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank Mandiri'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.