Using a Search Engine to Discover Trade Opportunities
Anytime you want to learn something new and different, your next step is usually pretty straightforward and obvious: just Google it.
But what if a "new trade idea" or "trading opportunity" was what you were after? If you Google "trade opportunities," prepare to be disappointed. I tried it, and all I got were a few opinion pieces and how-to guides. Nothing that gave me real technical analysis, ideas, or data.
That's why I'm excited about the new search engine that Tickeron is rolling out to retail investors -- a search engine that can scan the stock, ETF, cryptocurrency, and FOREX markets in search of technical trading patterns with real data and statistically calculated trade ideas. It's called the Pattern Search Engine and it has the potential to be the "Google" of technical analysis for investors and traders.
How It Works
Computer scientists can program algorithms to scan thousands and thousands of charts (in seconds) to identify patterns by their key geometrical elements. Advances in A.I., Cloud Computing and Big Data have made it possible to perform massive calculations against a vast array of current and historic market data needed for high-quality pattern recognition.
The problem for retail investors so far has been....only hedge funds and big institutions have had access to these types of professionals and technology. In a sense, the technology is giving institutional investors a leg-up in the investment process, providing them real-time research about security pricing and historical trends. For example, these institutions can use A.I. to scan thousands of stock/ETF/Forex/cryptocurrency charts in just a few seconds to identify patterns and trading opportunities.
But that's all changing.
Tickeron has developed an A.I.-powered Pattern Search Engine that is now available to investors of all levels on a user-friendly platform. No longer is this type of technology limited only to institutional investors. Now, you can use it every day to generate trade ideas and to scan thousands of price charts to find bullish and bearish patterns with just a few clicks.
Tickeron’s A.I. can identify 37 different bullish and bearish pattern types. But it does more than just pattern discovery. It can also distinguish patterns as “Emerging” and/or “Confirmed,” which allows traders the opportunity to monitor or make a trade with an A.I.-determined confidence levels. The A.I. can also backtest the particular security or the particular pattern (or both!) to see how many times the pattern has occurred and what the odds of success of the trade are. For each potential trade, the A.I. also provides a breakout price and target price to give the investor a framework for how to consider approaching the trade.
Think about being able to type your favorite stock into a search bar and then allowing Artificial Intelligence to help you find potential trade opportunities for your particular stock? The Search Engine Tool also works like a virtual research and investment assistant, allowing you to customize the types of data you want to receive.
At the end of the day, the A.I.-powered Pattern Search Engine provides traders with quality, data-rich trading ideas based on patterns detected by Tickeron’s A.I. This trove of information allows traders to benefit from statistics and forecasted price movements, facilitating smarter (and faster) trades.
Ready to learn how to use the Pattern Search Engine and to put it to work?? Start by Downloading the Free eBook that you can access via this link.
SPY sees MACD Histogram just turned negative
SPY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 10, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 51 instances where the indicator turned negative. In of the 51 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for SPY moved out of overbought territory on December 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 42 cases where SPY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on December 24, 2024. You may want to consider a long position or call options on SPY as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
SPY moved above its 50-day moving average on December 20, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 362 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 446 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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