Nasdaq 100 Index Fund Pattern Recognition Piercing Pattern

NASDX Fund  USD 41.76  0.07  0.17%   
Nasdaq-100 Index pattern recognition tool provides the execution environment for running the Piercing Pattern recognition and other technical functions against Nasdaq-100 Index. Nasdaq-100 Index 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 Piercing Pattern recognition function is designed to identify and follow existing trends. Nasdaq-100 Index momentum indicators are usually used to generate trading rules based on assumptions that Nasdaq-100 Index 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 Piercing pattern may indicate Nasdaq-100 Index low bullish reversal trend.

Nasdaq-100 Index Technical Analysis Modules

Most technical analysis of Nasdaq-100 Index 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 Nasdaq-100 from various momentum indicators to cycle indicators. When you analyze Nasdaq-100 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 Nasdaq-100 Index 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 Nasdaq 100 Index Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nasdaq 100 Index Fund based on widely used predictive technical indicators. In general, we focus on analyzing Nasdaq-100 Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nasdaq-100 Index'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 Nasdaq-100 Index's intrinsic value. In addition to deriving basic predictive indicators for Nasdaq-100 Index, we also check how macroeconomic factors affect Nasdaq-100 Index price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nasdaq-100 Index'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
40.7141.8142.91
Details
Intrinsic
Valuation
LowRealHigh
40.1641.2642.36
Details
Naive
Forecast
LowNextHigh
39.8240.9342.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
41.6741.7441.80
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 Portfolio Center Now

   

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios
All  Next Launch Module

Nasdaq 100 Index 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 Nasdaq-100 Index 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 Nasdaq-100 Index will appreciate offsetting losses from the drop in the long position's value.

Nasdaq-100 Index Pair Trading

Nasdaq 100 Index Fund Pair Trading Analysis

The ability to find closely correlated positions to Nasdaq-100 Index could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nasdaq-100 Index 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 Nasdaq-100 Index - 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 Nasdaq 100 Index Fund to buy it.
The correlation of Nasdaq-100 Index 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 Nasdaq-100 Index moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nasdaq 100 Index 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 Nasdaq-100 Index 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 Nasdaq-100 Mutual Fund

Nasdaq-100 Index financial ratios help investors to determine whether Nasdaq-100 Mutual Fund 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 Nasdaq-100 with respect to the benefits of owning Nasdaq-100 Index security.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets