Chroma ATE (Taiwan) Pattern Recognition Three Outside Up or Down

2360 Stock  TWD 412.50  3.50  0.86%   
Chroma ATE pattern recognition tool provides the execution environment for running the Three Outside Up or Down recognition and other technical functions against Chroma ATE. Chroma ATE 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 Outside Up or Down recognition function is designed to identify and follow existing trends. Chroma ATE momentum indicators are usually used to generate trading rules based on assumptions that Chroma ATE trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was three with a total number of output elements of fifty-eight. The function generated a total of one valid pattern recognition events for the selected time horizon. The Three Outside Up/Down pattern helps to describe Chroma ATE bearish pattern that is followed by a black day whose close value is lower than the second day.

Chroma ATE Technical Analysis Modules

Most technical analysis of Chroma ATE 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 Chroma from various momentum indicators to cycle indicators. When you analyze Chroma 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 Chroma ATE 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 Chroma ATE. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chroma ATE based on widely used predictive technical indicators. In general, we focus on analyzing Chroma Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chroma ATE'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 Chroma ATE's intrinsic value. In addition to deriving basic predictive indicators for Chroma ATE, we also check how macroeconomic factors affect Chroma ATE price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
409.48412.50415.52
Details
Intrinsic
Valuation
LowRealHigh
405.36408.38453.75
Details
Naive
Forecast
LowNextHigh
413.43416.44419.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
395.87411.85427.83
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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Chroma ATE 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 Chroma ATE 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 Chroma ATE will appreciate offsetting losses from the drop in the long position's value.

Chroma ATE Pair Trading

Chroma ATE Pair Trading Analysis

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

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