Addaptron Software is pleased to announce the release of a new 2013.05 version of Stock Market Forecast Tools SMFT-1. It is an integrated system that includes three major programs: the most popular software program SMAP-3 for stock market cycles analysis and forecast, NNSTP – Neural Network Stock Trend Predictor, and FTA-2 – a modified version … [Read more…]
Candlestick patterns can signal a trend continuation or reversal. Many traders and investors know how to benefit from candlesticks analysis. As a rule, a simple chart analysis is used that requires analysts to remember and correctly interpret, at least, typical candlestick patterns. However, the number of possible different candlestick shapes and their combinations in a … [Read more…]
Different chart patterns including candlesticks have been known in technical analysis for long. Now many of them considered as typical or classical ones. These patterns can signal a particular bullish or bear trend. Naturally, the signals are not successful all the time but give at least the most probable scenario of price movement. On the … [Read more…]
The two charts below show a possible behavior of S&P-500 index for the next week, April 18 – 22, 2011. The first chart is neural network forecast, the second chart is pattern similarity forecast. Both methods predict sideways fluctuations with an overall slight uptrend.