Formosa Ingredient (Indonesia) Technical Analysis

BOBA Stock   182.00  3.00  1.68%   
As of the 10th of January, Formosa Ingredient shows the Mean Deviation of 1.74, standard deviation of 3.25, and Variance of 10.54. Formosa Ingredient technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Formosa Ingredient Momentum Analysis

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

Formosa Ingredient Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Formosa Ingredient volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Formosa Ingredient Trend Analysis

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

Formosa Ingredient Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Formosa Ingredient Factory applied against its price change over selected period. The best fit line has a slop of   0.16  , which may suggest that Formosa Ingredient Factory market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1012.97, which is the sum of squared deviations for the predicted Formosa Ingredient price change compared to its average price change.

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

Formosa Ingredient January 10, 2025 Technical Indicators

Most technical analysis of Formosa 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 Formosa from various momentum indicators to cycle indicators. When you analyze Formosa 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.

Other Information on Investing in Formosa Stock

Formosa Ingredient financial ratios help investors to determine whether Formosa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Formosa with respect to the benefits of owning Formosa Ingredient security.