American Funds Pattern Recognition Modified Hikkake Pattern

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CPGAX -- USA Fund  

USD 16.08  0.13  0.80%

American Funds pattern-recognition tool provides you with the Pattern Recognition execution environment for running Modified Hikkake Pattern recognition against American Funds. American Funds momentum indicators are usually used to generate trading rules based on assumptions that American Funds trends in prices tend to continue for long periods.
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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 two valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of American Funds Global market turning-points. View also all equity analysis or get more info about modified hikkake pattern pattern recognition indicator.

Additional Technical Research

About American Funds Predictive Technical Analysis

The Macroaxis 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 American Funds Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of American Funds Global based on widely used predictive technical indicators. In general, we focus on analyzing American Funds stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American Funds'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 American Funds's intrinsic value. In addition to deriving basic predictive indicators for American Funds, we also check how macroeconomic factors affect American Funds price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.5114.7717.04
Details
Hype
Prediction
LowEstimated ValueHigh
12.2716.0819.89
Details
Intrinsic
Valuation
LowReal ValueHigh
10.6614.4718.28
Details
Naive
Forecast
LowNext ValueHigh
12.8216.6320.43
Details

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American Funds Pair Trading

American Funds Global Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Funds and New Perspective. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Trending Equities. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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