January 26, 2018
Top Pharma List
US Top Pharma
AMGN Amgen Inc and GSK GlaxsoSmithKline are US top pharma.
US Stock Analysis
AMGN Amgen Inc and GlaxsoSmithKline Correlation
Benchmark to same sector stocks may give you an idea on how the market “feel” about the stock value. We use Amgen and Glaxso as an example to illustrate the point.
In our case here, the market see Amgen has more value then Glaxso, Amgen stock price continue the momentum to bullish, but Glaxso relative perceive to have lesser value, the stock price begin to decline from 2014.
The market sentiment has no right or wrong, it is the perception of the market. Of course you could link them to fundamental of the both companies, such as the products, technologies, new factories and so on.
Picture worth a thousand words. 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 Amgen Inc and GlaxoSmithKline Correlation
Have fun!
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.