ITAYY PT Indo Tambangraya Megah Forecast, Technical & Fundamental Analysis

ITAYY's Stochastic Oscillator remains in oversold zone for 12 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 12, 2024. You may want to consider a long position or call options on ITAYY as a result. In of 41 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ITAYY just turned positive on December 17, 2024. Looking at past instances where ITAYY's MACD turned positive, the stock continued to rise in of 29 cases over the following month. The odds of a continued upward trend are .

ITAYY moved above its 50-day moving average on December 17, 2024 date and that indicates a change from a downward trend to an upward trend.

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The 10-day moving average for ITAYY crossed bearishly below the 50-day moving average on November 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ITAYY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ITAYY broke above its upper Bollinger Band on December 17, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for ITAYY entered a downward trend on November 20, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.332) is normal, around the industry mean (2.546). P/E Ratio (1.894) is within average values for comparable stocks, (120.709). ITAYY's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (36.460). Dividend Yield (0.352) settles around the average of (0.266) among similar stocks. P/S Ratio (0.605) is also within normal values, averaging (1.583).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 51, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ITAYY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.