Thredup Stock Pattern Recognition Harami Cross Pattern

TDUP Stock  USD 1.55  0.21  15.67%   
ThredUp pattern recognition tool provides the execution environment for running the Harami Cross Pattern recognition and other technical functions against ThredUp. ThredUp 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 Harami Cross Pattern recognition function is designed to identify and follow existing trends. ThredUp momentum indicators are usually used to generate trading rules based on assumptions that ThredUp trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Harami Cross pattern describes ThredUp bullish reversal trend.

ThredUp Technical Analysis Modules

Most technical analysis of ThredUp 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 ThredUp from various momentum indicators to cycle indicators. When you analyze ThredUp 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 ThredUp 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 ThredUp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ThredUp based on widely used predictive technical indicators. In general, we focus on analyzing ThredUp Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ThredUp'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 ThredUp's intrinsic value. In addition to deriving basic predictive indicators for ThredUp, we also check how macroeconomic factors affect ThredUp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover5.5212.3111.446.03
Days Of Inventory On Hand48.6866.5852.9134.91
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ThredUp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.081.6411.45
Details
Intrinsic
Valuation
LowRealHigh
0.112.1411.95
Details
Naive
Forecast
LowNextHigh
0.031.6711.48
Details
4 Analysts
Consensus
LowTargetHigh
3.764.134.58
Details

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

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ThredUp Pair Trading Analysis

Additional Tools for ThredUp Stock Analysis

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