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        Similar Charts

        1. Navigation

        2. Introduction

         

        1. Navigation

        • Mobile: Tap Markets > Explore.

        (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

        • Desktop: Click on Watchlist, select a target stock, move the mouse cursor on the candlestick chart and right-click, and select Similar Patterns.

        (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

         

        2. Introduction

        2.1 Rationale

        This feature is intended to help improve users' efficiency in analyzing candlestick charts, help them find stocks with a candlestick chart similar to that of the target stock in a faster manner, and thus anticipate the possible future trend of the target stock.

        2.2 Home Page

        You can search for a target company name or stock symbol at the top of the home page.

        Under the Trending tab and the Watchlist tab are candlestick charts of hot stocks and stocks you are following, respectively, and their respective similar candlestick chart, as well as the similarity.

        In particular, the similarity is calculated by identifying and analyzing the patterns and trends reflected in two candlestick charts and then using a specific algorithm.

         

        (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

        2.3 Details Page

        Tapping a target stock leads you to the details page. You can forecast the future trend of the target stock on this page. The forecast is derived by calculating the similarity between the current trend of the target stock and the historical trends of other stocks with similar candlestick charts and then obtaining the probability distribution of the future trends of the target stock.

        All data and information are for investors' reference only and do not constitute any investment advice. Past performance is not indicative of future results.

        (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

        You may also find the Similar History section and five select stocks on this page. The Similar History section has analyzed the historical trends of 100 stocks with the most similar candlestick charts, and thus gives the percentage of the stocks that rose the next day (i.e. Next Day Rise (%)),, as well as the maximum percentage gain/loss. [ Next Day Rise (%) = Next Day Rise / (Next Day Rise + Next Day Fall) ]

        The five select stocks all have the most similar candlestick charts and are provided for investors' reference.

        (Any app images provided are not current and any securities are shown for illustrative purposes only.)

        This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors.  It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.