Actionable news
0
All posts from Actionable news
Actionable news in GE: GENERAL ELECTRIC COMPANY,

Trend Analyzer

Bespoke's interactive Trend Analyzer is the best way for investors to monitor the most widely-traded ETFs and stocks across asset classes and sectors. Our proprietary Bespoke Trend and Bespoke Timing algorithms help investors identify the right time to enter (or exit) positions. The tool is available to Bespoke Premium or Bespoke Institutional members only.

Trend Analyzer

Use Bespoke’s Trend Analyzer to identify stocks and ETFs that fit your investment needs across sectors and asset classes. Our proprietary Bespoke Trend score helps you find long-term investment opportunities, while our proprietary Bespoke Timing score tells you whether the current price is an attractive or unattractive entry or exit point.

The Bespoke Trend score rates whether a security is currently in an uptrend, sideways trend, or downtrend based on a six-month price chart. When looking for long-term investment opportunities, we first want to make sure an uptrend is in place. A security in a downtrend is not a preferred long-term opportunity at that time. A sideways pattern is considered neutral from a long-term trend perspective.

The Bespoke Timing score rates whether a security is currently trading at an attractive or unattractive entry or exit point. A “Poor” or “Bad” Timing score means current prices are not attractive for entering into a new position. A “Good” or “Perfect” Timing score means current prices are attractive for entering into a new position. The Bespoke Timing score uses two inputs – the Bespoke Trend score and the number of standard deviations that the security is trading above or below its 50-day moving average.

A security in an uptrend that is an attractive long-term opportunity might still have a “Poor” Timing score if it is extremely overbought (extended far above its 50-day moving average). In this case our Timing score suggests that you should wait for a better price before entering into a position. Conversely, a security in an uptrend that is not overbought (or maybe even oversold) will likely have a “Good” or “Perfect” Timing score, meaning the current price is acceptable for an entry point.

How to Read our Trading Range Charts

A security’s trading range measures the distance (in standard deviations) that it is trading above or below its 50-day moving average. In the screen, the black, vertical “N” line represents each security’s 50-day moving average, and the circle represents its current price. When the circle is in the non-shaded zone, it is considered neutral (N). When the circle is in the light or dark red zones, the security is considered overbought (OB), while the light or dark green zones indicate an oversold (OS) security. The tail next to the circle represents the level the security was at one week ago, while the color indicates whether it has moved up (green) or down (red) relative to its prior range.

Remember, how overbought, neutral, or oversold a stock or ETF is currently trading relative to its 50-day moving average is what impacts our Bespoke Timing score the most!


More