Shinkong Textile (Taiwan) Pattern Recognition Belt hold

1419 Stock  TWD 43.95  0.35  0.79%   
Shinkong Textile pattern recognition tool provides the execution environment for running the Belt hold recognition and other technical functions against Shinkong Textile. Shinkong Textile 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 Belt hold recognition function is designed to identify and follow existing trends. Shinkong Textile momentum indicators are usually used to generate trading rules based on assumptions that Shinkong Textile trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of fourteen valid pattern recognition events for the selected time horizon. The Belt-hold is Shinkong Textile trend reversal pattern.
JavaScript chart by amCharts 3.21.15OctNovDecNov 18Nov 25DecDec 09Dec 1644.044.545.045.546.046.547.047.5 5K10K15K20K25K30K35K40K45K50K55K60K65K70K75K80K85K 42.4K42.6K42.8K43K43.2K43.4K43.6K43.8K44K44.2K44.4K44.6K44.8K45K Show all
JavaScript chart by amCharts 3.21.15Shinkong Textile Volume Shinkong Textile Closing Prices Dow Jones Industrial Closing Prices - Benchmark Shinkong Textile Belt hold

Shinkong Textile Technical Analysis Modules

Most technical analysis of Shinkong Textile 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 Shinkong from various momentum indicators to cycle indicators. When you analyze Shinkong 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 Shinkong Textile 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 Shinkong Textile Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shinkong Textile Co based on widely used predictive technical indicators. In general, we focus on analyzing Shinkong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shinkong Textile'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 Shinkong Textile's intrinsic value. In addition to deriving basic predictive indicators for Shinkong Textile, we also check how macroeconomic factors affect Shinkong Textile price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
42.8443.9545.06
Details
Intrinsic
Valuation
LowRealHigh
40.4941.6048.35
Details
Naive
Forecast
LowNextHigh
42.0743.1844.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.6745.3246.97
Details

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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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Shinkong Textile 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 Shinkong Textile 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 Shinkong Textile will appreciate offsetting losses from the drop in the long position's value.

Shinkong Textile Pair Trading

Shinkong Textile Co Pair Trading Analysis

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

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