SUNCOKE ENERGY (Germany) Pattern Recognition Unique 3 River

S01 Stock  EUR 12.00  0.20  1.69%   
SUNCOKE ENERGY pattern recognition tool provides the execution environment for running the Unique 3 River recognition and other technical functions against SUNCOKE ENERGY. SUNCOKE ENERGY 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 Unique 3 River recognition function is designed to identify and follow existing trends. SUNCOKE ENERGY momentum indicators are usually used to generate trading rules based on assumptions that SUNCOKE ENERGY 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 Unique 3 River pattern indicates the end of SUNCOKE ENERGY existing downtrend.

SUNCOKE ENERGY Technical Analysis Modules

Most technical analysis of SUNCOKE ENERGY 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 SUNCOKE from various momentum indicators to cycle indicators. When you analyze SUNCOKE 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 SUNCOKE ENERGY 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 SUNCOKE ENERGY. We use our internally-developed statistical techniques to arrive at the intrinsic value of SUNCOKE ENERGY based on widely used predictive technical indicators. In general, we focus on analyzing SUNCOKE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SUNCOKE ENERGY'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 SUNCOKE ENERGY's intrinsic value. In addition to deriving basic predictive indicators for SUNCOKE ENERGY, we also check how macroeconomic factors affect SUNCOKE ENERGY price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
8.6012.0015.40
Details
Intrinsic
Valuation
LowRealHigh
9.3112.7116.11
Details
Naive
Forecast
LowNextHigh
7.4010.8014.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.5111.6811.85
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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SUNCOKE ENERGY 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 SUNCOKE ENERGY 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 SUNCOKE ENERGY will appreciate offsetting losses from the drop in the long position's value.

SUNCOKE ENERGY Pair Trading

SUNCOKE ENERGY Pair Trading Analysis

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

When determining whether SUNCOKE ENERGY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SUNCOKE ENERGY's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Suncoke Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suncoke Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SUNCOKE ENERGY. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade SUNCOKE Stock refer to our How to Trade SUNCOKE Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Please note, there is a significant difference between SUNCOKE ENERGY's value and its price as these two are different measures arrived at by different means. Investors typically determine if SUNCOKE ENERGY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SUNCOKE ENERGY's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.