Moomoo pattern interpretation

1. Introduction

Pattern interpretation predicts the stock price trend in the next 3 days via an algorithm that integrates historical candle chart data and the recent stock price trend; at the same time, big data analysis helps screen out stocks with matching patterns.

2.  Function Entrance

2.1 Pattern Interpretation

Entry: Stock Quote Page > Quotes > 1D > Candlestick Pattern

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

2.2 Pattern Screener

Entry: Markets > Explore > Candle Pattern

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

3. How to use it

The candle chart pattern function consists of two parts: pattern interpretation and pattern screener;

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

3.1 Pattern Interpretation

● Entry: Stock Quote Page - Chart Menu - Chart Pattern

● Introduction: For users' reference, pattern interpretation predicts the stock price trend for the next three days on the basis of historical candle chart patterns and recent price-volume changes of the stock.

● Starting Time: The time when the pattern appeared

● Pattern Types: Bearish or Bullish

● Probability of Rising/Falling: A predictive indicator showing how likely the stock will rise or fall in the next three days once this pattern appeared;

● Reversal Probability: A reference probability that the current stock price trend is reversed;

● Support Level: A predictive indicator showing the stock price that may constitute a support in the next three days once this pattern appeared;

● Pressure Level: A predictive indicator showing the stock price that may constitute a pressure in the next three days once this pattern appeared;

3.2 Pattern Backtesting

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

● Introduction:Pattern backtesting is the backtesting data of chart patterns in all stocks in the past two years.

● Pattern Number: The number of occurrences of the pattern in all stocks in the past two years;

● Profit Probability: The probability of the stock price trend moves in accordance with the pattern once it appeared;

● Take-Profit Point: The average rise percentage of all stocks once this pattern appeared in the past two years;

● Stop-Loss Point: The average decline percentage of all stocks once this pattern appeared in the past two years;

3.3 Pattern Screener

Pattern screener is to automatically identify massive stocks through the system, and select the stocks that best fit the pattern. Pattern stock picking currently supports 20 patterns, namely:

● Bullish Patterns (10 Types): Double Bottom, Triple Bottom, Head and Shoulders Bottom, Rounding Bottom, Broadening Wedge Bottom, Bullish Flag, Bullish Symmetrical Triangle, Bullish Continuation Diamond,  Bullish Continuation Wedge, and Bullish Continuation Triangle.

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

● Bearish Patterns (10 Types): Double Top, Triple Top, Head and Shoulders Top, Rounding Top, Broadening Wedge Top, Bearish Flag, Bearish Symmetrical Triangle, Bearish Continuation Wedge, and Bearish Continuation Triangle.

(Any app screenshots are not necessarily up to date, and all securities mentioned are 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.