Trend Projection
1. Introduction
1.1 Rationale
"History will repeat itself" is one of the three assumptions in the field of technical analysis. The trend of stocks is often replicable. This feature is intended to improve users' efficiency in analyzing candlestick charts, help them find stocks with a candlestick chart similar to that of the target stock in a faster manner, and thus predict the possible future trend of the target stock.
1.2 Home Page
You can search for a target company name or stock symbol at the top of the home page.
Under the Trending tab and the Watchlist tab are candlestick charts of hot stocks and stocks you are following, respectively, and their respective similar candlestick chart, as well as the similarity.
In particular, the similarity is calculated by identifying and analyzing the patterns and trends reflected in two candlestick charts and then using a specific algorithm.
Page | Markets | Quotation |
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2. Navigation
2.1 Quotation
• Mobile
• Desktop
2.2 Markets
Mobile only
You can forecast the future trend of the target stock on this page. The forecast is derived by calculating the similarity between the current trend of the target stock and the historical trends of other stocks with similar candlestick charts and then obtaining the probability distribution of the future trends of the target stock.
All data and information are for investors' reference only and do not constitute any investment advice.
This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.