A Deep Analysis of I’rom Group (2372) (2019-07-22)

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REPORTING FOR 2019-07-22 | AMARKETREPORTSJOURNAL.COM: We have conducted a deep analysis of how I’rom Group (2372) has been trading over the last 2 weeks and the past day especially. On its latest session, I’rom Group (2372) opened at 1670.0, reaching a high of 1677.0 and a low of 1635.0 before closing at a price of 1654.0. There was a total volume of 44200.0.

VOLUME INDICATORS: We saw an accumulation-distribution index of 23482.33333, an on-balance volume of 1670.0, chaikin money flow of 11.0 and a force index of 1215.0. There was an ease of movement rating of -0.11138, a volume-price trend of 64.67027 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 28.83838, bolinger bands of 1701.99747, an upper bollinger band of 1603.00253, lower bollinger band of 1635.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 1660.66667, high band keltner channel of 1653.66667, low band keltner channel of 1667.66667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 1635.0, a donchian channel low band of 1635.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.78526, a MACD signal of 0.43625, a MACD difference of 0.349, a fast Exponential Moving Average (EMA) indicator of 1635.0, a slow Exponential Moving Average (EMA) indicator of 1635.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.49156, a trix of 2.11397, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -62.18, a KST Oscillator (KST) of 39.53409 and a KST Oscillator (KST Signal) of 39.53409 (leaving a KST difference of 5.56326). We also found an Ichimoku rating of 1673.5, an Ichimoku B rating of 1673.5, a Ichimoku visual trend A of 1628.58, an Ichimoku visual trend B of 1663.815, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 63.98436, a stochastic oscillator of 600.0, a stochastic oscillator signal of 600.0, a Williams %R rating of 500.0 and an awesome oscillator of 8.81667.

RETURNS: There was a daily return of 3.95341, a daily log return of 2.11808 and a cumulative return of 2.14067.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for I’rom Group (2372)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on I’rom Group, we strongly advise I’rom Group investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like I’rom Group – without this you are trading blind:

We will of course continue to cover the news and price action of I’rom Group, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling I’rom Group (2372) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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