The study of forecasting the trend line movement of stock Market
Using Cycles, A. I. Algorithm, Machine learning, Deep Learning
1 - How to read our Chart - With one forecast trend line
It's very simple just follow the trend line if it goes up mean the trend is up if it points down it is mean the trend is down.
2 - How to read our Chart - With Two forecast trend line
Sometimes we will provide 2 trend lines first one is Blue line and it is for long term forecast and second line which is Black for short term forecast (you need to consider both for the right forecasting)
3 - Is the forecast line represent price level as well
No, Forecast Line represents the trend only it has nothing to do with the stock price. In the example below you will notice that the trend line was forecasting an up-trend and the stock followed that. Similarly, when the forecast line is pointing down, it means a down-trend forecast.
4 - Why sometimes forecast line show down but the price goes up or vice versa
Yes, that happened for sure but We at CycleForecast.net use reasonable care in preparing and publishing our forecast report. CycleForecast.net does not guarantee The Report's accuracy or completeness.
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