Garuda Metalindo (Indonesia) Technical Analysis

BOLT Stock  IDR 830.00  10.00  1.22%   
As of the 24th of April, Garuda Metalindo retains the Market Risk Adjusted Performance of 0.993, risk adjusted performance of 0.1167, and Downside Deviation of 1.16. Garuda Metalindo technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Garuda Metalindo Tbk, which can be compared to its competitors. Please check out Garuda Metalindo Tbk jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Garuda Metalindo is priced fairly, providing market reflects its last-minute price of 830.0 per share.

Garuda Metalindo Momentum Analysis

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

Garuda Metalindo Tbk Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Garuda Metalindo Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Garuda Metalindo Tbk Trend Analysis

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

Garuda Metalindo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Garuda Metalindo Tbk applied against its price change over selected period. The best fit line has a slop of   2.02  , which means Garuda Metalindo Tbk will continue generating value for investors. It has 122 observation points and a regression sum of squares at 154052.59, which is the sum of squared deviations for the predicted Garuda Metalindo price change compared to its average price change.

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

Garuda Metalindo April 24, 2024 Technical Indicators

Most technical analysis of Garuda 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 Garuda from various momentum indicators to cycle indicators. When you analyze Garuda 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Garuda Metalindo Tbk. 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Garuda Stock analysis

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