Chongqing Road (China) Momentum Indicators Aroon Oscillator

600106 Stock   6.72  0.47  6.54%   
Chongqing Road momentum indicators tool provides the execution environment for running the Aroon Oscillator indicator and other technical functions against Chongqing Road. Chongqing Road value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Aroon Oscillator indicator function is designed to identify and follow existing trends. Momentum indicators of Chongqing Road are pattern recognition functions that provide distinct formation on Chongqing Road potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Aroon Oscillator was developed by Tushar S. It is calculated by subtracting the Aroon Down from the Aroon Up. The resultant number will oscillate between 100 and -100. Chongqing Road Bridge Aroon Oscillator will be high when the Aroon Up is high and the Aroon Down is low, indicating a strong upward trend. The Aroon Oscillator will be low when the Aroon Down is high and the Aroon Up is low, indicating a strong downward trend. When the Up and Down are approximately equal, the Aroon Oscillator will be around zero, indicating a weak trend or consolidation.

Chongqing Road Technical Analysis Modules

Most technical analysis of Chongqing Road 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 Chongqing from various momentum indicators to cycle indicators. When you analyze Chongqing charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Chongqing Road Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chongqing Road Bridge. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chongqing Road Bridge based on widely used predictive technical indicators. In general, we focus on analyzing Chongqing Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chongqing Road's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Chongqing Road's intrinsic value. In addition to deriving basic predictive indicators for Chongqing Road, we also check how macroeconomic factors affect Chongqing Road price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.226.7211.22
Details
Intrinsic
Valuation
LowRealHigh
0.615.119.61
Details
Naive
Forecast
LowNextHigh
2.436.9311.43
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.040.04
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Chongqing Road Bridge pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chongqing Road position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chongqing Road will appreciate offsetting losses from the drop in the long position's value.

Chongqing Road Pair Trading

Chongqing Road Bridge Pair Trading Analysis

The ability to find closely correlated positions to Chongqing Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chongqing Road when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chongqing Road - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chongqing Road Bridge to buy it.
The correlation of Chongqing Road is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chongqing Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chongqing Road Bridge moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chongqing Road can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Chongqing Stock

Chongqing Road financial ratios help investors to determine whether Chongqing 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 Chongqing with respect to the benefits of owning Chongqing Road security.