Pelayaran Nelly (Indonesia) Technical Analysis

NELY Stock  IDR 505.00  5.00  1.00%   
As of the 19th of April, Pelayaran Nelly holds the Semi Deviation of 1.33, risk adjusted performance of 0.0192, and Coefficient Of Variation of 4725.26. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pelayaran Nelly, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Pelayaran Nelly Dwi, which can be compared to its competitors. Please check Pelayaran Nelly Dwi standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Pelayaran Nelly Dwi is priced some-what accurately, providing market reflects its current price of 505.0 per share.

Pelayaran Nelly Momentum Analysis

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

Pelayaran Nelly Dwi Technical Analysis

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Pelayaran Nelly Dwi Trend Analysis

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

Pelayaran Nelly Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pelayaran Nelly Dwi applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Pelayaran Nelly Dwi will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.24, which is the sum of squared deviations for the predicted Pelayaran Nelly price change compared to its average price change.

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

Pelayaran Nelly April 19, 2024 Technical Indicators

Most technical analysis of Pelayaran 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 Pelayaran from various momentum indicators to cycle indicators. When you analyze Pelayaran 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 Correlation Analysis 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Pelayaran Stock analysis

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