April 28, 2015
You can pick any two stocks or more to benchmark the trend. The reason you select them could be because two trade them, or they are from the same industry, same owner, start up in the same year and so on.
The intend can be to find any co-relationship or just a study.
We pick Noble and Biosensors because they are the common stocks many of the traders trade here.
AmiBroker is convenient when you try to do such study. Because, you can setup a chart for the first stock for the period and when it is done, you could just simply change the stock to the next one. The period of the study will remain and the indicators use will keep the same. This is very helpful. In order to see both chart at the same time, you will probably need a screen capturing software to record the study and you can refer to later or compare both or more at the same time.
You could find the previous posting on the US and Asia Major stocks Indexes are using the same approach. See link for more info,
Major Stock Markets Technical Analysis
Have fun!
Noble Group Ltd
Biosensors International Group
Pick Some Key Incident
We pick the turning point of Biosensors as a key incident to study. So, we mark the same period in Noble to see what was the trend thereafter. Were both stocks behave the same or not.
N21
B20
Thanks for visiting the AmiBrokerAcademy.com.
Moses
DISCLAIMER
THE CONTENTS HERE REFLECT THE AUTHOR’S VIEWS ACQUIRED THROUGH HIS EXPERIENCE ON THE TOPIC. THE AUTHOR OR WEBSITE DISCLAIMS ANY LOSS OR LIABILITY CAUSED BY THE UTILIZATION OF ANY INFORMATION PRESENTED HEREIN.
BESIDES THAT THE SOURCES MENTIONED HEREIN ARE ASSUMED TO BE RELIABLE AT THE TIME OF WRITING, THE AUTHOR AND WEBSITE ARE NOT RESPONSIBLE FOR THEIR ACCURACY AND ACTIVITIES.
THE CONTENT ONLY SHOULD BE CONSIDERED SOLELY FOR BASIC INFORMATION. COPYRIGHT © 2015 Moses @ AmiBrokerAcademy.com. ALL RIGHTS RESERVED.
NO PART OF THE CONTENT MAY BE ALTERED, COPIED, OR DISTRIBUTED, WITHOUT PRIOR WRITTEN PERMISSION OF THE AUTHOR OR SITE.
ALL PRODUCT NAMES, LOGOS, AND TRADEMARKS ARE PROPERTY OF THEIR RESPECTIVE OWNERS WHO HAVE NOT NECESSARILY ENDORSED, SPONSORED, REVIEWED OR APPROVED THIS PUBLICATION.
TEXT AND IMAGES AVAILABLE OVER THE INTERNET AND USED IN THE WEBSITE’s CONTENT MAY BE SUBJECT TO INTELLECTUAL RIGHTS AND MAY NOT BE COPIED FROM THE WEBSITE.