Indonesia 10-Year Bond Yield

Indonesia 10-Year Bond Yield closed down by -3.67% to 6.3 on 23 January 2021 and +-3.52% on a weekly basis. Indonesia 10-Year Bond Yield momentum was last calculated at -50.0/100 indicating negative momentum. Indonesia 10-Year Bond Yield trend is -100.0/100 indicating a negative trend. Indonesia 10-Year Bond Yield momentum exhaustion is -1.75907 indicating Indonesia 10-Year Bond Yield is oversold.Indonesia 10-Year Bond Yield RSI is 37.6181 .

Indonesia 10-Year Bond Yield Chart

Indonesia 10-Year Bond Yield

Indonesia 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Indonesia 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Indonesia 10-Year Bond Yield trading signals presented in the Indonesia 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Indonesia 10-Year Bond Yield ID.10Y 6.3 -0.5 -1 -1.75907 37.6181 -3.67 -3.52 -2.02 -0.15915

Indonesia 10-Year Bond Yield closed at 6.3 on 23 January 2021. Indonesia 10-Year Bond Yield trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Indonesia 10-Year Bond Yield momentum was last calculated at -50.0/100 (range: -100 to +100) indicating negative momentum. Indonesia 10-Year Bond Yield momentum exhaustion is -1.75907 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Indonesia 10-Year Bond Yield is oversold and a possible reversal is imminent. Indonesia 10-Year Bond Yield RSI was last calculated at 37.6181. Indonesia 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 6.073 in a downtrend , 1-quarter moving average: 6.36133 in a downtrend and 1-year moving average: 6.97583 in a downtrend. Indonesia 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at -3.67%, and weekly return was last recorded at -3.52%. Indonesia 10-Year Bond Yield histrorical 20-day volatility was last recorded at 15.8864%, Indonesia 10-Year Bond Yield alpha None, Indonesia 10-Year Bond Yield beta None and Indonesia 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Indonesia 10-Year Bond Yield statistics based on historical data since 1970.

Indonesia 10-Year Bond Yield News

Indonesia 10-Year Bond Yield Factors

Indonesia 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Indonesia PMI vs 10Y ID.FACT.10YPMI 6.58 47.5443 -0.708914
Indonesia 10Y vs FX ID.FACT.FX10Y

Indonesia Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Jakarta Stock Exchange Composite Index JKSE 6029.98 1 1 0.38671 68.2283 0.3 -0.95 -0.14 0.00126
Indonesia ETF EIDO 20.29 1 0.75 1.43031 65.9957 1.6 -3.15 -6.2 -0.05113
Indonesian Rupiah US Dollar (IDR/USD) IDRUSD 14543 -1 -0.75 -0.71729 33.6392 0.44 0.76 0.3 0.00901
Indonesia 5-Year Bond Yield ID.5Y 5.32 -0.5 -0.75 -1.18286 44.2819 -1.66 -0.93 -6.5 -0.18838
Indonesia 2-year bond yield ID.2Y 3.87 -0.5 -1 -1.06864 48.3897 15.66 11.46 -1.12 -0.23208
Indonesia Yield Curve ID.YC 2.43 -0.5 -0.5 -0.4602 46.783 -16.55 -25.23 -6.83 0.14693
Indonesia Credit Default Swaps CDS.Indonesia 80.25 -1 -0.75 -0.93372 37.4507 3.88 7.36 1.58 0.02956

Indonesia Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 1316.4 2698.1 -0.512101 0.0539379 -1.0 1.0 0.616667 2021-06-30
business confidence 102.9 104.82 -0.0183171 -0.00502804 -1.0 -1.0 0.516667 2020-01-01
capacity utilization 75.33 73.38 0.026574 -0.0391582 1.0 -1.0 0.1 2021-04-01
car registrations 72270 54815 0.318435 4.72526 1.0 1.0 0.966667 2021-06-30
cash reserve ratio 3 5 -0.4 -0.538462 -1.0 -1.0 0.0166667 2020-04-30
consumer confidence 107.4 104.4 0.0287356 0.281623 1.0 1.0 0.983333 2021-06-30
consumer price index cpi 106.46 106.53 -0.000657092 0.0133257 1.0 1.0 0.05 2021-06-30
core inflation rate 1.49 1.37 0.0875912 -0.340708 -1.0 -1.0 0.25 2021-06-30
current account -997 892 -2.11771 -0.798076 1.0 1.0 0.316667 2021-01-01
current account to gdp -0.44 -2.7 -0.837037 -1.18333 1.0 -1.0 0 2019-02-28
deposit interest rate 2.75 3 -0.0833333 -0.266667 -1.0 -1.0 0.166667 2021-02-28
exports 18545.4 16932.9 0.0952288 0.544253 1.0 1.0 0.983333 2021-06-30
external debt 415627 417528 -0.00455299 0.156531 1.0 1.0 0.216667 2020-07-30
fiscal expenditure 2739200 2309290 0.186165 1.77874 1.0 1.0 0 2020-01-31
foreign direct investment 111.7 111.1 0.00540054 0.0257117 -1.0 1.0 0 2020-11-01
foreign exchange reserves 137093 136398 0.00509538 0.0408069 1.0 1.0 0.333333 2021-06-30
gdp 1058.42 1119.19 -0.0542982 1.0744 1.0 1.0 0 2020-01-31
Real GDP 2683110 2709000 -0.00955703 0.0738926 -1.0 1.0 0.05 2020-09-01
gdp growth -0.96 -0.42 1.28571 1.34146 -1.0 -1.0 0 2021-01-01
gdp growth annual -0.74 -2.19 -0.6621 -1.14625 -1.0 -1.0 0.0666667 2021-01-01
gold reserves 78.57 78.6 -0.000381679 -0.0247021 -1.0 -1.0 0.233333 2020-07-01
government budget -6.5 -2.2 1.95455 80.25 -1.0 -1.0 0 2020-01-31
Government budget -1039200 -348654 1.98061 251.153 -1.0 -1.0 0 2020-01-31
government debt to gdp 38.5 30.5 0.262295 0.272727 1.0 1.0 0 2020-01-31
government revenues 169900 1960630 -0.913344 -0.826917 -1.0 -1.0 0 2020-01-31
housing index 214.79 213.99 0.00373849 0.0518094 1.0 1.0 0 2021-01-01
imports 17229 14234.8 0.210344 0.601164 1.0 1.0 0.983333 2021-06-30
industrial production 2 0.6 2.33333 2.33333 -1.0 1.0 0.933333 2020-02-29
industrial production mom -3.6 2.4 -2.5 -0.28 -1.0 1.0 0.483333 2020-02-29
inflation cpi 1.33 1.68 -0.208333 -0.321429 -1.0 -1.0 0.283333 2021-06-30
interbank rate 3.75 3.75 0 0 -1.0 -1.0 0.883333 2021-06-02
interest rate 3.5 3.5 0 -0.222222 -1.0 -1.0 0.216667 2021-05-25
lending rate 4.25 4.5 -0.0555556 -0.346154 -1.0 -1.0 0.0166667 2020-09-30
loan growth -1.3 -2.28 -0.429825 -1.42763 -1.0 -1.0 0.0333333 2021-05-31
loans to private sector 4844430 4838280 0.00127111 -0.00996892 1.0 -1.0 0.1 2021-04-30
manufacturing pmi 53.5 55.3 -0.0325497 0.368286 1.0 1.0 0.966667 2021-06-30
money supply m0 743655 732858 0.0147327 0.085558 1.0 1.0 0.4 2021-05-31
money supply m1 1861890 1851170 0.00579093 0.125955 1.0 1.0 0.616667 2021-05-31
money supply m2 6994900 6957300 0.0054044 0.0814291 1.0 1.0 0.5 2021-05-31
Producer Price Index 106.16 106.2 -0.000376648 0.0253042 1.0 1.0 0.716667 2021-06-30
PPI Index 2.53 2.74 -0.0766423 2.0119 1.0 1.0 0.933333 2021-06-30
retail sales MoM 3.2 17.3 -0.815029 -0.2 1.0 -1.0 0.516667 2021-05-31
retail sales 14.7 15.6 -0.0576923 -1.71359 1.0 1.0 0.2 2021-05-31
unemployment rate 6.26 7.07 -0.114569 0.0774527 1.0 1.0 0 2020-08-01

Indonesia 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Indonesia 10-Year Bond Yield momentum, Indonesia 10-Year Bond Yield trend, Indonesia 10-Year Bond Yield oscillator, Indonesia 10-Year Bond Yield RSI and Indonesia 10-Year Bond Yield returns.

Indonesia 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarIndonesia 10-Year Bond Yield momentum signal ranges from -100 to +100. The Indonesia 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Indonesia 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Indonesia 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Indonesia 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Indonesia 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Indonesia 10-Year Bond Yield trend

Indonesia 10-Year Bond Yield trend signal ranges from -100 to +100. Indonesia 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Indonesia 10-Year Bond Yield Closing price vs Indonesia 10-Year Bond Yield moving average (MA) calculation: If Indonesia 10-Year Bond Yield is greater than Indonesia 10-Year Bond Yield MA value is +1, else -1, 2. Indonesia 10-Year Bond Yield Moving average slope calculation: if current Indonesia 10-Year Bond Yield moving average is higher than the previous MA, Indonesia 10-Year Bond Yield upward slope +1, else -1
Indonesia 10-Year Bond Yield trend model can be used as a trend strength indicator. Indonesia 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Indonesia 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Indonesia 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Indonesia 10-Year Bond Yield is in an uptrend when Indonesia 10-Year Bond Yield price is higher than the 52-week moving average and the Indonesia 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Indonesia 10-Year Bond Yield oscillator and Indonesia 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Indonesia 10-Year Bond Yield oscillator

The Indonesia 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Indonesia 10-Year Bond Yield price versus Indonesia 10-Year Bond Yield 1-year simple moving average price. The formula for the Indonesia 10-Year Bond Yield oscillator is:
Indonesia 10-Year Bond Yield oscillator = (Current Price – 250 trading days Indonesia 10-Year Bond Yield simple moving average price) / (250 days Indonesia 10-Year Bond Yield price standard deviation)

Indonesia 10-Year Bond Yield oversold conditions
Indonesia 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Indonesia 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Indonesia 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Indonesia 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Indonesia 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Indonesia 10-Year Bond Yield RSI.
Indonesia 10-Year Bond Yield overbought conditions
Indonesia 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Indonesia 10-Year Bond Yield is overbought it is often due for a correction. Values of the Indonesia 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Indonesia 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Indonesia 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Indonesia 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Indonesia 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Indonesia 10-Year Bond Yield returns

MacroVar calculates Indonesia 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Indonesia 10-Year Bond Yield returns = (Indonesia 10-Year Bond Yield Closing Price – Indonesia 10-Year Bond Yield Previous Price)/(Indonesia 10-Year Bond Yield Previous Price)
Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!