Investors can use this prediction interface to forecast Asuransi Jasa historic prices and determine the direction of Asuransi Jasa Tania Tbk future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Asuransi Jasa historical fundamentals such as revenue growth or operating cash flow patterns. Check also Historical Fundamental Analysis of Asuransi Jasa to cross-verify your projections.
On September 16, 2019 Asuransi Jasa Tania Tbk had Daily Balance Of Power of 0.3571. Balance of Power indicator (or BOP) measures the strength of Asuransi Jasa Tania Tbk market sensitivity to bulls and bears. It estimates the ability of Asuransi Jasa buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Asuransi Jasa Balance of Power indicator one can determine a trend of the price direction.
On September 17 2019 Asuransi Jasa Tania Tbk was traded for 188.00 at the closing time. The highest price during the trading period was 193.00 and the lowest recorded bid was listed for 184.00 . The volume for the day was 161 K. This history from September 17, 2019 contributed to the next trading day price increase. The overall trading delta to the next closing price was 0.53% . The overall trading delta to the current price is 0.53% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.