Price Action Indicator Indicator

Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.Investors can use prediction functions to forecast historical stock prices and determine the direction of financial instruments such as stocks, funds, or ETFs's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of historical fundamentals such as revenue growth or operating cash flow patterns. Check out Investing Opportunities.

Search Private Forecast

 
Refresh
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.

Price Action Indicator In A Nutshell

A price action indicator will help you determine the price action of an equity, which may be that price tends to move a certain length to the upside before moving down, or that it moves more on one day than another. Price action is something to really sink your teeth into and understand for your investments.

Price action is a basis for many peoples trading and investing methodologies. Price action is simply how a price of an equity tends to move. There are different candles that can be used in charting, but all of which can help you find price action.

Closer Look at Price Action Indicator

An example of price action is in range bound trading, which clearly has a defined support level and resistance level. The price action indicator could help determine if price is going to continue to honor those levels. If you follow a particular equity for a certain length of time, you can begin to understand the price action during certain situations.

Some great tools to use with price action indicators would be oscillators, which cycle up and down with the movement of the stock or equity. Other tools to use could be Bollinger Bands or standard deviation levels, as all of these could give you an increased edges in your predictability of the market.

If you get stick or need instruction, first search the Internet because there are many websites and videos that can show you how to properly implement these tools. Take time to get to know them on a demo account, trying out new things. If you get stuck, reach out to an investing community and bounce ideas off of them as they can give you real time feedback. If in the end it still doesn’t work out, then at least you have the knowledge in the back of your head incase you need it later down the road.

Price action is important to understand as it can help you better identify trends and how a stock moves in relation to certain situations. Hone in on price actions to give yourself a better edge and at least get a better feel for your chose equity.

Current Sentiment - FILTER

Investor Education Investor Sentiment

Most of Macroaxis users are currently bullish on FILTER. What is your judgment towards investing in FILTER? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Investing Opportunities. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page