Covestro (Germany) Pattern Recognition Harami Pattern

1COV Stock  EUR 48.51  0.19  0.39%   
Covestro pattern recognition tool provides the execution environment for running the Harami Pattern recognition and other technical functions against Covestro. Covestro 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 Harami Pattern recognition function is designed to identify and follow existing trends. Covestro momentum indicators are usually used to generate trading rules based on assumptions that Covestro trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of nine valid pattern recognition events for the selected time horizon. The Harami pattern describes bullish reversal trend for Covestro.

Covestro Technical Analysis Modules

Most technical analysis of Covestro 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 Covestro from various momentum indicators to cycle indicators. When you analyze Covestro 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 Covestro 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 Covestro AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Covestro AG based on widely used predictive technical indicators. In general, we focus on analyzing Covestro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Covestro'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 Covestro's intrinsic value. In addition to deriving basic predictive indicators for Covestro, we also check how macroeconomic factors affect Covestro price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Covestro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
46.8748.5150.15
Details
Intrinsic
Valuation
LowRealHigh
39.2640.9053.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Covestro. Your research has to be compared to or analyzed against Covestro's peers to derive any actionable benefits. When done correctly, Covestro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Covestro AG.

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.

Generate Optimal Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covestro AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Covestro Stock analysis

When running Covestro's price analysis, check to measure Covestro'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 Covestro is operating at the current time. Most of Covestro's value examination focuses on studying past and present price action to predict the probability of Covestro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covestro's price. Additionally, you may evaluate how the addition of Covestro to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Please note, there is a significant difference between Covestro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Covestro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covestro'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.