High Tide Stock Pattern Recognition Morning Star

HITI Stock  CAD 4.33  0.09  2.12%   
High Tide pattern recognition tool provides the execution environment for running the Morning Star recognition and other technical functions against High Tide. High Tide 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 Morning Star recognition function is designed to identify and follow existing trends. High Tide momentum indicators are usually used to generate trading rules based on assumptions that High Tide trends in prices tend to continue for long periods. Please specify Penetration to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function generated a total of one valid pattern recognition events for the selected time horizon. The Morning Star pattern describes High Tide bottom bullish reversal signal.

High Tide Technical Analysis Modules

Most technical analysis of High Tide 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 High from various momentum indicators to cycle indicators. When you analyze High 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 High Tide 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 High Tide. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Tide based on widely used predictive technical indicators. In general, we focus on analyzing High Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Tide'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 High Tide's intrinsic value. In addition to deriving basic predictive indicators for High Tide, we also check how macroeconomic factors affect High Tide price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover33.3642.6638.440.32
Days Of Inventory On Hand33.426.630.5929.06
Hype
Prediction
LowEstimatedHigh
0.664.438.20
Details
Intrinsic
Valuation
LowRealHigh
0.173.437.20
Details
Naive
Forecast
LowNextHigh
0.073.527.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.0000.01
Details

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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.

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

High Tide Pair Trading

High Tide Pair Trading Analysis

The ability to find closely correlated positions to High Tide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Tide when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back High Tide - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling High Tide to buy it.
The correlation of High Tide is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as High Tide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Tide moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for High Tide can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for High Stock Analysis

When running High Tide's price analysis, check to measure High Tide'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 High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.