Statistical AnalysisStatistical analysis refers to a collection of methods used to process large amounts of data and report overall trends. Statistical analysis is particularly useful when dealing with noisy data. Statistical analysis provides ways to objectively report on how unusual an event is based on historical data. Our server uses statistical analysis to examine the tremendous amount of data produced every day by the stock market. We usually prefer statistical analysis to more traditional forms of technical analysis because statistical analysis makes use of every print. Candlesticks, by comparison, throw away an arbitrary number of prints before the analysis starts. Candlesticks, point and figure charts, and other traditional forms of technical analysis were designed long ago. They were specifically created for people who were analyzing the data by hand. Statistical analysis looks at more data, and typically requires a computer.
Alert Types
We offer the following alert types which are related to this topic.
Click on the icon for a detailed description of the alert, or
click on the "more" link for additional examples of each type of alert.
| Type |
Recent Examples |
More Examples |
| Time (NY) |
Symbol |
Message |
 | Jul 23rd, 3:22:37 PM | TVL | Consolidation. $6.24-6.29. Shares: 63,512. Time: 76 minutes 14 seconds. | more |  | Jul 23rd, 3:22:37 PM | TVL | High relative volume during the last 4 minutes 57 seconds. | more |  | Jul 23rd, 3:22:37 PM | MRTN | Running up briskly: +0.65 in 1 hour 31 minutes. Confirmed by volume. | more |  | Jul 23rd, 3:22:37 PM | PBH | Running down: -0.19 in 21 minutes 44 seconds. Confirmed by volume. | more |  | Jul 23rd, 3:20:27 PM | T.CAT | Channel breakout from $38.88-38.94, 61 minutes 15 seconds. | more |  | Jul 23rd, 3:22:07 PM | SMBL | Channel breakdown from $7.23-7.25, 58 minutes 22 seconds. | more |  | Jul 23rd, 3:22:35 PM | IBI | Channel breakout from $16.17-16.26, 5 hours 7 minutes. | more |  | Jul 23rd, 3:22:23 PM | ACL | Channel breakdown from $160.15-160.51, 50 minutes 51 seconds. | more |  | Jul 23rd, 3:21:52 PM | PAYD | Crossed above resistance, 0.25, confirmed by volume. Time: 5 days 5 hours. Volume: 431,576. | more |  | Jul 23rd, 3:22:09 PM | CAS.CAT | Crossed below support, 5.381, confirmed by volume. Time: 5 days 23 hours. Volume: 742,812. | more |
See Also
Candlestick,
Noise,
Point and Figure Chart,
Print,
Standard Deviation,
Technical Analysis,
Z-Score | | What is Trade-Ideas?
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