Smx Public Limited Stock Pattern Recognition Evening Star

SMX Stock   0.21  0.02  8.70%   
SMX Public pattern recognition tool provides the execution environment for running the Evening Star recognition and other technical functions against SMX Public. SMX Public 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 pattern recognition indicators. As with most other technical indicators, the Evening Star recognition function is designed to identify and follow existing trends. SMX Public momentum indicators are usually used to generate trading rules based on assumptions that SMX Public trends in prices tend to continue for long periods. Please specify Penetration to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. The Evening Star pattern describes SMX Public trend having bearish reversal signal.

SMX Public Technical Analysis Modules

Most technical analysis of SMX Public 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 SMX from various momentum indicators to cycle indicators. When you analyze SMX 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 SMX Public 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 SMX Public Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of SMX Public Limited based on widely used predictive technical indicators. In general, we focus on analyzing SMX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SMX Public's daily price indicators and compare them against related drivers, such as pattern recognition 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 SMX Public's intrinsic value. In addition to deriving basic predictive indicators for SMX Public, we also check how macroeconomic factors affect SMX Public price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Days Sales Outstanding10.5K9.4K
PTB Ratio0.630.6
Hype
Prediction
LowEstimatedHigh
0.010.1522.73
Details
Intrinsic
Valuation
LowRealHigh
0.010.2222.80
Details
Naive
Forecast
LowNextHigh
0.020.7823.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.210.260.31
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 Earnings Calls Now

   

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges
All  Next Launch Module

SMX Public Limited 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 SMX Public 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 SMX Public will appreciate offsetting losses from the drop in the long position's value.

SMX Public Pair Trading

SMX Public Limited Pair Trading Analysis

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

When running SMX Public's price analysis, check to measure SMX Public'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 SMX Public is operating at the current time. Most of SMX Public's value examination focuses on studying past and present price action to predict the probability of SMX Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMX Public's price. Additionally, you may evaluate how the addition of SMX Public to your portfolios can decrease your overall portfolio volatility.