IT Link (France) Momentum Indicators Aroon

ALITL Stock  EUR 26.70  0.20  0.75%   
IT Link momentum indicators tool provides the execution environment for running the Aroon indicator and other technical functions against IT Link. IT Link 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 indicator function is designed to identify and follow existing trends. Momentum indicators of IT Link are pattern recognition functions that provide distinct formation on IT Link 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 ten with a total number of output elements of fifty-one. The Aroon Indicator was developed by Tushar S. Chande to indicate when a new trend is dawning. The indicator consists of two lines that measure how long it has been since the highest high/lowest low has occurred within an (N) period range. When IT Link Aroon Up is staying between 70 and 100 then it indicates an upward trend. When the Aroon Down is staying between 70 and 100 then it indicates an downward trend. A strong upward trend is indicated when the Aroon Up is above 70 while the Aroon Down is below 30. When IT Link Aroon Down crosses above the Aroon Up, it indicates a weakening of the upward trend (and vice versa).

IT Link Technical Analysis Modules

Most technical analysis of IT Link 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 ALITL from various momentum indicators to cycle indicators. When you analyze ALITL 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 IT Link 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 IT Link. We use our internally-developed statistical techniques to arrive at the intrinsic value of IT Link based on widely used predictive technical indicators. In general, we focus on analyzing ALITL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IT Link'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 IT Link's intrinsic value. In addition to deriving basic predictive indicators for IT Link, we also check how macroeconomic factors affect IT Link price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
24.3326.7029.07
Details
Intrinsic
Valuation
LowRealHigh
19.8922.2629.37
Details
Naive
Forecast
LowNextHigh
24.7427.1129.48
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.1726.4926.81
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.

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IT Link 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 IT Link 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 IT Link will appreciate offsetting losses from the drop in the long position's value.

IT Link Pair Trading

IT Link Pair Trading Analysis

The ability to find closely correlated positions to IT Link could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IT Link 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 IT Link - 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 IT Link to buy it.
The correlation of IT Link 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 IT Link moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IT Link 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 IT Link 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

Additional Tools for ALITL Stock Analysis

When running IT Link's price analysis, check to measure IT Link's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IT Link is operating at the current time. Most of IT Link's value examination focuses on studying past and present price action to predict the probability of IT Link's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Link's price. Additionally, you may evaluate how the addition of IT Link to your portfolios can decrease your overall portfolio volatility.