What does the Ctabs historical analysis tell you?

A stock's past performance is no guarantee of its future performance. True enough.

The Ctabs algorithm was developed using historical data for numerous stocks. The continued use of historical data is important for the Ctabs software. Moreover, historical data also provides benefits for the trader.

The Ctabs chart shows up to 2 years of historical data along with past Ctabs action commentary. From this, the trader is able to peer into the past to examine prior candlestick patterns and corresponding action commentary. With this, the trader can assess the success/failure of previous candlestick patterns with respect to tracking the trend. Even without the Ctabs analysis, the candlestick chart with historical depth provides a basic overall view of the stock performance in the past.

More you might like

The Candlestick Period or Timeframe

This article covers the candlestick period or timeframe and its relevance to candlestick technical analysis.

State of the Economy and the Stock Market Outlook

This article examines the state of the stock markets as economic conditions transpired over the past year and how to deal with the outlook for recovery.

Stock Market Pulse and Sentiment Q1/2009

This article takes a snapshot view of the stock market pulse and sentiment as a heads-up for stock market outlook.

Stock Trading in Private Companies

Buying and selling of private company shares in secondary market exchanges.

React to Technical Analysis Indicators to Trade the Rise and Drop in Stock Prices

This article examines the approach of trading stock price cycles as a means to achieve repeated trading profits in short-term trading. Take what the stock markets will give you.