Parnassus Funds Fund Pattern Recognition Short Line Candle

PFPGX Fund   26.89  0.03  0.11%   
Parnassus Funds pattern recognition tool provides the execution environment for running the Short Line Candle recognition and other technical functions against Parnassus Funds. Parnassus Funds 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 Short Line Candle recognition function is designed to identify and follow existing trends. Parnassus Funds momentum indicators are usually used to generate trading rules based on assumptions that Parnassus Funds 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 ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Short Line Candle pattern describes signals for either bullish or bearish trend during either reversal or continuation condition of Parnassus Funds.

Parnassus Funds Technical Analysis Modules

Most technical analysis of Parnassus Funds 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 Parnassus from various momentum indicators to cycle indicators. When you analyze Parnassus 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 Parnassus Funds 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 Parnassus Funds . We use our internally-developed statistical techniques to arrive at the intrinsic value of Parnassus Funds based on widely used predictive technical indicators. In general, we focus on analyzing Parnassus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Parnassus Funds'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 Parnassus Funds's intrinsic value. In addition to deriving basic predictive indicators for Parnassus Funds, we also check how macroeconomic factors affect Parnassus Funds price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
25.9026.8927.88
Details
Intrinsic
Valuation
LowRealHigh
23.4824.4729.58
Details
Naive
Forecast
LowNextHigh
25.5926.5827.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.5426.7927.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Parnassus Funds. Your research has to be compared to or analyzed against Parnassus Funds' peers to derive any actionable benefits. When done correctly, Parnassus Funds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Parnassus Funds.

Become 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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Other Information on Investing in Parnassus Mutual Fund

Parnassus Funds financial ratios help investors to determine whether Parnassus 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 Parnassus with respect to the benefits of owning Parnassus Funds security.
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