Technical score

Technical score is shown some places on the Investtech site in brackets after a stock's evaluation, and some places in the tables with listings of many stocks.

Technical score is an automatic evaluation of the stock performed by Investtech's software. The evaluation is done on a scale from -100 to 100, there values less than -50 are "sell candidate", from -50 to -25 "weak sell candidate", from -25 to 25 "neutral", from 25 to 50 "weak buy candidate" and over 50 "buy candidate". Technical is calculated score for short, medium and long term technical analysis. There is also a similar score for Insider Trading analyses for the markets where this is availble.

The technical score for the Overall Analysis is calculated as a normalised sum of the technical score for short, medium and long term analyses. The score from Insider Trading analysis is also used where available. Note that the technical score for the Overall analysis may be higher than the average of the short, medium and long term analysis. This is due to the normalisation, which means a stock that is weakly positive on many criteria can become more positive overall. A parallel could be a stock that has received buying recommendations from three stock brokers, which is more positive than a buy recommendation from just one stock broker.

 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here www.investtech.com/disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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