DOW Index Pattern Recognition Three Outside Up or Down

DJI
 Index
  

 31,038  69.86  0.23%   

DOW pattern recognition tool provides the execution environment for running the Three Outside Up or Down recognition and other technical functions against DOW. DOW 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 Three Outside Up or Down recognition function is designed to identify and follow existing trends. DOW momentum indicators are usually used to generate trading rules based on assumptions that DOW trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was three with a total number of output elements of fifty-eight. The function generated a total of one valid pattern recognition events for the selected time horizon. The Three Outside Up/Down pattern helps to describe DOW bearish pattern that is followed by a black day whose close value is lower than the second day.
.

DOW Technical Analysis Modules

Most technical analysis of DOW 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 DOW from various momentum indicators to cycle indicators. When you analyze DOW 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 DOW 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 DOW. We use our internally-developed statistical techniques to arrive at the intrinsic value of DOW based on widely used predictive technical indicators. In general, we focus on analyzing DOW Index price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build DOW'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 DOW's intrinsic value. In addition to deriving basic predictive indicators for DOW, we also check how macroeconomic factors affect DOW 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, frequently view the market will even out over time. This tendency of DOW'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. Please use the tools below to analyze the current value of DOW in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31,03631,03831,039
Details
Intrinsic
Valuation
LowReal ValueHigh
24,51824,52034,141
Details
Naive
Forecast
LowNext ValueHigh
32,33932,34032,342
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29,31031,32133,332
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DOW. Your research has to be compared to or analyzed against DOW's peers to derive any actionable benefits. When done correctly, DOW's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in DOW.

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.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

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

DOW Pair Correlation

Correlation Analysis For Tax-loss Harvesting

Check out Your Current Watchlist. Note that the DOW information on this page should be used as a complementary analysis to other DOW's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Tools for DOW Index

When running DOW price analysis, check to measure DOW'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 DOW is operating at the current time. Most of DOW's value examination focuses on studying past and present price action to predict the probability of DOW's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DOW's price. Additionally, you may evaluate how the addition of DOW to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go