Coronation Financial (South Africa) Pattern Recognition Inverted Hammer

0P00017RIY   75.59  0.08  0.11%   
Coronation Financial pattern recognition tool provides the execution environment for running the Inverted Hammer recognition and other technical functions against Coronation Financial. Coronation Financial 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 Inverted Hammer recognition function is designed to identify and follow existing trends. Coronation Financial momentum indicators are usually used to generate trading rules based on assumptions that Coronation Financial trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Inverted Hammer pattern indicates that the buyers drove prices of Coronation Financial up, at some point during the period, but encountered selling pressure which drove prices back down to close near to where they opened.

Coronation Financial Technical Analysis Modules

Most technical analysis of Coronation Financial 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 Coronation from various momentum indicators to cycle indicators. When you analyze Coronation 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.

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