Surya Citra (Indonesia) Technical Analysis

SCMA Stock  IDR 129.00  1.00  0.77%   
As of the 19th of April, Surya Citra has the Variance of 2.92, risk adjusted performance of (0.08), and Coefficient Of Variation of (700.26). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Surya Citra Media, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Surya Citra Media, which can be compared to its competition. Please validate Surya Citra Media coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Surya Citra is priced more or less accurately, providing market reflects its prevalent price of 129.0 per share.

Surya Citra Momentum Analysis

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

Surya Citra Media Technical Analysis

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Surya Citra Media Trend Analysis

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

Surya Citra Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Surya Citra Media applied against its price change over selected period. The best fit line has a slop of   0.39  , which may suggest that Surya Citra Media market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5862.3, which is the sum of squared deviations for the predicted Surya Citra price change compared to its average price change.

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

Surya Citra April 19, 2024 Technical Indicators

Most technical analysis of Surya 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 Surya from various momentum indicators to cycle indicators. When you analyze Surya 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 World Market Map 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Surya Stock analysis

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