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Investtech's automatic analyses are based upon advanced methods within pattern recognition, statistics and mathematics, developed since 1993. Emphasis is especially placed upon trends, support and resistance, stock price formations and volume.
For each stock and for each time perspective, a chart is produced together with it's associated analysis. By using traditional theory for technical analysis, see
Technical Analysis - For reduced risks and increased returns,
the computers interpret what they find in the chart and then create both the analyses, text and the correct recommendation, entirely automatically. This leaves no room for subjective interpretation, which is a common problem with traditional technical analysis, where the analysts draw the trend, support and resistance lines, and interprets this.
The recommendations from the automatic analyses are given as Buy, Weak Buy, Wait/Watch, Weak Sell and Sell. Some places, however, the following are used:
Technical score
The analyses are produced and published as soon as possible after the closing of the exchange, and at the latest before exchange's opening the following day.
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