Absolute Etf Price Chart Trends and Technical Patterns
| WBIY Etf | USD 35.11 0.06 0.17% |
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Absolute Shares Etf Momentum Indicator Charts
Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of Absolute provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular instrument, such as Absolute Shares, can be considered to be 'the market' for Absolute Shares instruments. The emotional state of those investors is what determines the price for Absolute Shares. If more investors feel that the Absolute Shares Etf will rise, it most likely will increase; and if more investors feel that the Absolute price will fall, then it will fall. Thus, a etf's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that instrument, and thus, technical analysis is, at its core, a study of crowd behavior. Our charting interfaces help investors to find opportunities and time the market. Absolute Shares price plot provides a helpful view of the trending direction of the price but hides some likely useful information from an investor. The Absolute Shares' momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.Absolute Shares Etf Peer indicators
Technical peer comparison is one of the most widely used and accepted methods of etf analysis among chartists. It analyses Absolute Shares' direct or indirect competition against its essential technical indicators to detect undervalued etf instruments with similar characteristics or determine the etf that would be a good addition to a portfolio. Peer analysis of Absolute Shares could also be used in its relative valuation, which is a method of valuing Absolute Shares by comparing different technical metrics with those of similar instruments.
| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WBIY | 0.66 | 0.19 | 0.25 | 0.39 | 0.35 | 1.77 | 3.57 | |||
| ISVL | 0.52 | 0.26 | 0.33 | 0.55 | 0.00 | 1.32 | 2.91 | |||
| PXE | 1.37 | 0.12 | 0.04 | 1.21 | 1.47 | 3.25 | 6.63 | |||
| AIVI | 0.47 | 0.24 | 0.39 | 0.68 | 0.00 | 1.18 | 2.54 | |||
| FTHF | 0.93 | 0.46 | 0.35 | 0.78 | 0.67 | 2.45 | 6.31 | |||
| VPC | 0.66 | (0.11) | 0.00 | (1.34) | 0.00 | 1.26 | 3.41 | |||
| AVEE | 0.50 | 0.15 | 0.20 | 0.44 | 0.27 | 1.35 | 2.60 | |||
| GMOV | 0.54 | 0.13 | 0.21 | 0.23 | 0.29 | 1.41 | 3.06 | |||
| PAMC | 0.85 | 0.19 | 0.21 | 0.24 | 0.61 | 2.05 | 4.61 | |||
| SURE | 0.67 | 0.12 | 0.10 | 2.24 | 0.56 | 1.83 | 4.06 |
Absolute Shares Trust Predictive Pricing Charts
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 four valid pattern recognition events for the selected time horizon. The Shooting Star pattern is one of reversal pattern that can predict Absolute Shares Trust falling future prices.
- Analyze a chart of Absolute Shares' etf price history.
- Study the chart to identify trends in Absolute Shares' etf prices over time.
- Look for patterns such as uptrends, downtrends, and consolidations, and take note of any significant events that may have affected the price of the etf.
- Use technical indicators, such as moving averages and trend lines, to further understand the Absolute Shares' price action. These tools can help you determine the etf's support and resistance levels and momentum.
- Consider the Absolute Shares' volume data, which can provide insight into the etf's buying and selling activity level. High volume typically indicates a high level of interest in the etf, which can be a bullish sign.
- Look at news and events that may be affecting Absolute Shares' etf price. Keep up to date on the Etf's financial performance, as well as any regulatory changes or macroeconomic events that may impact the price.