Quality matters!
I believe it is good to review how functional our analysis is.
I want to share the multi-timeframe analysis I published last week for my Patrons/private subscribers, and let you judge the accuracy of the contents!
Some People think I publish my post to bait people to subscribe to my services!
I challenge them to publish their own analysis and next week we will review whose work has a higher rate of accuracy!
AAPL
Multi-Timeframe Analysis:
Hourly Chart: Flat Top (Neutral)
Daily Chart: Flat Top (Neutral), rejected from 50 EMA, trading near its support level
Weekly Chart: Flat Top (Neutral) 5 red weeks in a row, last time it happened was October 2018, followed by a 30% correction ( Bearish )
Monthly Chart: Flat Top (Neutral)
Daily average trading value (YTD): Trading 32% below YTD (money outflow) ( Bearish )
Weekly average trading value: lowest since November 2020, 38% below last trading year. ( Bearish )
Monthly average trading value: lowest since February 2020. ( Bearish )
Conclusion: Wait to see if Apple can hold its support line, (be ready for closing your positions if you have the stock)
The most concerning point is :
Whenever Apple's average trading value dropped below its 12 monthly average we saw a correction to the level of 50 EMA /monthly.
MSFT
Multi-Timeframe Analysis:
Hourly Chart: Ranged below the resistance level (Neutral- Bearish )
Daily Chart: At the support line since Jan 15th, 2021 (Neutral)
Weekly Chart: after 4 negative weeks in a row, slightly positive(1.85)
Daily average trading value (YTD): Trading 33% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 24% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 14% below last trading year average. (money outflow) ( Bearish )
Conclusion: Wait for reaction to support line. The decreased trading value is seen in all levels (D/W/M) is a concerning pattern!
AMZN
Multi-Timeframe Analysis:
Hourly Chart: Flat Top (Neutral)
Daily Chart: Moving toward its support line. (Neutral- Bearish )
Weekly Chart: Doji at the middle of the regression channel (Neutral)
Monthly Chart: Pure sideway between 3550-2870 in the past 9 months. (Neutral)
Daily average trading value (YTD): Trading 37% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading36% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 15% below last trading year average. (money outflow) ( Bearish )
Conclusion: Neutral to Bearish in a sideway channel
GOOG
Multi-Timeframe Analysis:
Hourly Chart: double Top with signs of rejection! ( Bearish )
Daily Chart: Bearish engulfing followed by bearish harami. ( Bearish )
Weekly Chart: bullish regression channel
Monthly Chart: Dragonfly Doji .
Daily average trading value (YTD): Trading 9% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 7% above last trading year average. (money inflow) ( Bullish )
Monthly average trading value: Trading equal to the last trading year average. (Neutral)
Conclusion: Neutral to Bearish
FB
Multi-Timeframe Analysis:
Hourly Chart: Double Top ( Bearish )
Daily Chart: Double Top ( Bearish )
Weekly Chart: at the top of the regression channel ( Bearish )
Monthly Chart: Dragonfly Doji , possible reversal??? (Neutral-Bearish)
Daily average trading value (YTD): Trading 32 % below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 12% below the last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 5.5% below last trading year average. (money outflow) ( Bearish )
Conclusion: wait for reversal confirmation ( Neutral- Bearish )
TSLA
Multi-Timeframe Analysis:
Hourly Chart: at the support level of a short-time bullish trend started 12 days ago!(Neutral)
Daily Chart: Bearish Harami and trading below 50EMA ( Bearish )
Weekly Chart: Spinning Bottom in a downward regression channel.
Monthly Chart: Flat Bottom (Neutral)
Daily average trading value (YTD): Trading 42% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 26% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 27 % below last trading year average. (money outflow) ( Bearish )
Conclusion: Complex Correction with unpredictable moves!
what is your idea about the accuracy of these analyses???
Moshkelgosha
I want to share the multi-timeframe analysis I published last week for my Patrons/private subscribers, and let you judge the accuracy of the contents!
Some People think I publish my post to bait people to subscribe to my services!
I challenge them to publish their own analysis and next week we will review whose work has a higher rate of accuracy!
AAPLMulti-Timeframe Analysis:
Hourly Chart: Flat Top (Neutral)
Daily Chart: Flat Top (Neutral), rejected from 50 EMA, trading near its support level
Weekly Chart: Flat Top (Neutral) 5 red weeks in a row, last time it happened was October 2018, followed by a 30% correction ( Bearish )
Monthly Chart: Flat Top (Neutral)
Daily average trading value (YTD): Trading 32% below YTD (money outflow) ( Bearish )
Weekly average trading value: lowest since November 2020, 38% below last trading year. ( Bearish )
Monthly average trading value: lowest since February 2020. ( Bearish )
Conclusion: Wait to see if Apple can hold its support line, (be ready for closing your positions if you have the stock)
The most concerning point is :
Whenever Apple's average trading value dropped below its 12 monthly average we saw a correction to the level of 50 EMA /monthly.
MSFTMulti-Timeframe Analysis:
Hourly Chart: Ranged below the resistance level (Neutral- Bearish )
Daily Chart: At the support line since Jan 15th, 2021 (Neutral)
Weekly Chart: after 4 negative weeks in a row, slightly positive(1.85)
Daily average trading value (YTD): Trading 33% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 24% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 14% below last trading year average. (money outflow) ( Bearish )
Conclusion: Wait for reaction to support line. The decreased trading value is seen in all levels (D/W/M) is a concerning pattern!
AMZNMulti-Timeframe Analysis:
Hourly Chart: Flat Top (Neutral)
Daily Chart: Moving toward its support line. (Neutral- Bearish )
Weekly Chart: Doji at the middle of the regression channel (Neutral)
Monthly Chart: Pure sideway between 3550-2870 in the past 9 months. (Neutral)
Daily average trading value (YTD): Trading 37% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading36% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 15% below last trading year average. (money outflow) ( Bearish )
Conclusion: Neutral to Bearish in a sideway channel
GOOGMulti-Timeframe Analysis:
Hourly Chart: double Top with signs of rejection! ( Bearish )
Daily Chart: Bearish engulfing followed by bearish harami. ( Bearish )
Weekly Chart: bullish regression channel
Monthly Chart: Dragonfly Doji .
Daily average trading value (YTD): Trading 9% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 7% above last trading year average. (money inflow) ( Bullish )
Monthly average trading value: Trading equal to the last trading year average. (Neutral)
Conclusion: Neutral to Bearish
FBMulti-Timeframe Analysis:
Hourly Chart: Double Top ( Bearish )
Daily Chart: Double Top ( Bearish )
Weekly Chart: at the top of the regression channel ( Bearish )
Monthly Chart: Dragonfly Doji , possible reversal??? (Neutral-Bearish)
Daily average trading value (YTD): Trading 32 % below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 12% below the last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 5.5% below last trading year average. (money outflow) ( Bearish )
Conclusion: wait for reversal confirmation ( Neutral- Bearish )
TSLAMulti-Timeframe Analysis:
Hourly Chart: at the support level of a short-time bullish trend started 12 days ago!(Neutral)
Daily Chart: Bearish Harami and trading below 50EMA ( Bearish )
Weekly Chart: Spinning Bottom in a downward regression channel.
Monthly Chart: Flat Bottom (Neutral)
Daily average trading value (YTD): Trading 42% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 26% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 27 % below last trading year average. (money outflow) ( Bearish )
Conclusion: Complex Correction with unpredictable moves!
what is your idea about the accuracy of these analyses???
Moshkelgosha
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.