Excellence Optoelectronic (Taiwan) Pattern Recognition Morning Doji Star

6288 Stock  TWD 32.75  2.90  9.72%   
Excellence Optoelectronic pattern recognition tool provides the execution environment for running the Morning Doji Star recognition and other technical functions against Excellence Optoelectronic. Excellence Optoelectronic 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 Morning Doji Star recognition function is designed to identify and follow existing trends. Excellence Optoelectronic momentum indicators are usually used to generate trading rules based on assumptions that Excellence Optoelectronic 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 Morning Doji Star pattern may predict Excellence Optoelectronic bullish trend reversal.

Excellence Optoelectronic Technical Analysis Modules

Most technical analysis of Excellence Optoelectronic 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 Excellence from various momentum indicators to cycle indicators. When you analyze Excellence 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 Excellence Optoelectronic 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 Excellence Optoelectronic. We use our internally-developed statistical techniques to arrive at the intrinsic value of Excellence Optoelectronic based on widely used predictive technical indicators. In general, we focus on analyzing Excellence Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Excellence Optoelectronic'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 Excellence Optoelectronic's intrinsic value. In addition to deriving basic predictive indicators for Excellence Optoelectronic, we also check how macroeconomic factors affect Excellence Optoelectronic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
29.2932.7536.21
Details
Intrinsic
Valuation
LowRealHigh
27.3330.7934.25
Details
Naive
Forecast
LowNextHigh
27.1330.5934.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.0531.7834.52
Details

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

Excellence Optoelectronic Pair Trading

Excellence Optoelectronic Pair Trading Analysis

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

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