Top High (Taiwan) Pattern Recognition Thrusting Pattern

3284 Stock  TWD 20.60  0.05  0.24%   
Top High pattern recognition tool provides the execution environment for running the Thrusting Pattern recognition and other technical functions against Top High. Top High 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 Thrusting Pattern recognition function is designed to identify and follow existing trends. Top High momentum indicators are usually used to generate trading rules based on assumptions that Top High 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 Thrusting Pattern describes Top High Image bearish continuation trend.

Top High Technical Analysis Modules

Most technical analysis of Top High 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 Top from various momentum indicators to cycle indicators. When you analyze Top 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 Top High 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 Top High Image. We use our internally-developed statistical techniques to arrive at the intrinsic value of Top High Image based on widely used predictive technical indicators. In general, we focus on analyzing Top Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Top High'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 Top High's intrinsic value. In addition to deriving basic predictive indicators for Top High, we also check how macroeconomic factors affect Top High price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
18.5420.5522.56
Details
Intrinsic
Valuation
LowRealHigh
19.2121.2223.24
Details

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Top High Image 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 Top High 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 Top High will appreciate offsetting losses from the drop in the long position's value.

Top High Pair Trading

Top High Image Pair Trading Analysis

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

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