#PriceTrendAnalysis
Price trend analysis is a technique that identifies patterns in price data over time to predict future movements. It is used in business, investing, and finance.
How it works
Analyzes historical price data to understand how a stock or market has performed
Identifies patterns in the data, such as uptrends, downtrends, and consolidation
Makes data-based predictions about future movements
Uses of price trend analysis
Business: Helps forecast sales, plan budgets, and anticipate market demands
Investing: Helps investors understand market movements and how a stock or market might behave in the future
Market trend analysis: Helps identify potential changes to a market and ways to stay ahead of competitors
Trendline patterns
Uptrends: Prices are making higher highs and higher lows
Downtrends: Prices are making lower highs and lower lows
Consolidation: Price oscillates in a range between two parallel trendlines
Trend percentage formula
Trend percentage = ((Current Period Value - Base Period Value) / Base Period Value) * 100