Bank Nationalnobu (Indonesia) Technical Analysis

NOBU Stock  IDR 740.00  15.00  1.99%   
As of the 19th of April, Bank Nationalnobu shows the Risk Adjusted Performance of 0.0252, mean deviation of 1.96, and Downside Deviation of 2.96. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Bank Nationalnobu, 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 nineteen technical drivers for Bank Nationalnobu Tbk, which can be compared to its peers. Please confirm Bank Nationalnobu Tbk jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Bank Nationalnobu Tbk is priced correctly, providing market reflects its regular price of 740.0 per share.

Bank Nationalnobu 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 Nationalnobu'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 Nationalnobu 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 Bank Nationalnobu technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank Nationalnobu 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 Nationalnobu Tbk Technical Analysis

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Bank Nationalnobu Tbk Trend Analysis

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

Bank Nationalnobu Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bank Nationalnobu Tbk applied against its price change over selected period. The best fit line has a slop of   2.46  , which may suggest that Bank Nationalnobu Tbk market price will keep on failing further. It has 122 observation points and a regression sum of squares at 228196.99, which is the sum of squared deviations for the predicted Bank Nationalnobu price change compared to its average price change.

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

Bank Nationalnobu April 19, 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 Nationalnobu April 19, 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 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Bank Stock analysis

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