Manitex International Stock Pattern Recognition Three Black Crows

MNTX Stock  USD 5.73  0.01  0.17%   
Manitex International pattern recognition tool provides the execution environment for running the Three Black Crows recognition and other technical functions against Manitex International. Manitex International 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 Black Crows recognition function is designed to identify and follow existing trends. Manitex International momentum indicators are usually used to generate trading rules based on assumptions that Manitex International 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 thirteen with a total number of output elements of fourty-eight. The function did not return any valid pattern recognition events for the selected time horizon. The Three Black Crows pattern can help to describe Manitex International market downturn after the end of bull market.

Manitex International Technical Analysis Modules

Most technical analysis of Manitex International 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 Manitex from various momentum indicators to cycle indicators. When you analyze Manitex 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 Manitex International 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 Manitex International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Manitex International based on widely used predictive technical indicators. In general, we focus on analyzing Manitex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Manitex International'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 Manitex International's intrinsic value. In addition to deriving basic predictive indicators for Manitex International, we also check how macroeconomic factors affect Manitex International 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 Turnover4.054.94.816.46
Days Of Inventory On Hand132.76113.82131.21103.62
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manitex International'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
0.295.7311.89
Details
Intrinsic
Valuation
LowRealHigh
0.516.6712.83
Details
Naive
Forecast
LowNextHigh
0.115.5211.68
Details
1 Analysts
Consensus
LowTargetHigh
8.199.009.99
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.

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

Manitex International Pair Trading

Manitex International Pair Trading Analysis

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

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