AstraZeneca PLC (Germany) Pattern Recognition Long Legged Doji

ZEG Stock  EUR 128.40  2.75  2.10%   
AstraZeneca PLC pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against AstraZeneca PLC. AstraZeneca PLC 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 Long Legged Doji recognition function is designed to identify and follow existing trends. AstraZeneca PLC momentum indicators are usually used to generate trading rules based on assumptions that AstraZeneca PLC trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of six valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows AstraZeneca PLC trend that describe the indecision of the buyers and sellers.

AstraZeneca PLC Technical Analysis Modules

Most technical analysis of AstraZeneca PLC 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 AstraZeneca from various momentum indicators to cycle indicators. When you analyze AstraZeneca 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 AstraZeneca PLC 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 AstraZeneca PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of AstraZeneca PLC based on widely used predictive technical indicators. In general, we focus on analyzing AstraZeneca Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AstraZeneca PLC'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 AstraZeneca PLC's intrinsic value. In addition to deriving basic predictive indicators for AstraZeneca PLC, we also check how macroeconomic factors affect AstraZeneca PLC price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
126.48128.40130.32
Details
Intrinsic
Valuation
LowRealHigh
128.11130.03131.95
Details
Naive
Forecast
LowNextHigh
122.86124.78126.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
127.19129.53131.88
Details

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Other Information on Investing in AstraZeneca Stock

AstraZeneca PLC financial ratios help investors to determine whether AstraZeneca Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AstraZeneca with respect to the benefits of owning AstraZeneca PLC security.