Indian Metals (India) Pattern Recognition Three Advancing White Soldiers

IMFA Stock   816.05  9.90  1.20%   
Indian Metals pattern recognition tool provides the execution environment for running the Three Advancing White Soldiers recognition and other technical functions against Indian Metals. Indian Metals 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 Three Advancing White Soldiers recognition function is designed to identify and follow existing trends. Indian Metals momentum indicators are usually used to generate trading rules based on assumptions that Indian Metals 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 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 Three Advancing White Soldiers indicator describes Indian Metals market reversal pattern.

Indian Metals Technical Analysis Modules

Most technical analysis of Indian Metals 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 Indian from various momentum indicators to cycle indicators. When you analyze Indian 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 Indian Metals 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 Indian Metals Ferro. We use our internally-developed statistical techniques to arrive at the intrinsic value of Indian Metals Ferro based on widely used predictive technical indicators. In general, we focus on analyzing Indian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Indian Metals'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 Indian Metals's intrinsic value. In addition to deriving basic predictive indicators for Indian Metals, we also check how macroeconomic factors affect Indian Metals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
808.90811.35897.66
Details
Intrinsic
Valuation
LowRealHigh
642.26644.71897.66
Details
Naive
Forecast
LowNextHigh
838.53840.98843.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
688.52761.64834.76
Details

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Indian Metals Ferro 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 Indian Metals 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 Indian Metals will appreciate offsetting losses from the drop in the long position's value.

Indian Metals Pair Trading

Indian Metals Ferro Pair Trading Analysis

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

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