January 26, 2018

Stock Analysis

ROG.VX Roche Holding AG and GlaxoSmithKline Correlation

Correlation help in benchmark two stocks, to see what the market sentiment about the two stocks we compare. If there are moving in the same direction, go up and go down about the similar manner. In this case, the market agree the two stocks have the similar value, otherwise the market disagree they should have the same up and down.

Picture worth a thousand words, see chart for more.

Think, think think (think more) and got more things. Have fun!

Manage your risk.

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. 

January 24, 2018 Roche Holding AG and GlaxoSmithKline Correlation

Moses

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.