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Prophet Patterns
  Watch Lists:   Symbol Search
 Prophet Patterns Predictions & Ratings 

Prophet Patterns offers predictive power with valuable detail about each completed pattern it finds. With each result, you'll see the following predictions:

  • the direction of movement
  • the expected range of gain (or loss) in the stock's price
  • the timeframe for this movement to occur

For example, in the above result, the stock that broke out of the Falling Wedge pattern is expected to increase 4.62% to 11.10% in price within 41 days of the breakout. You can use this information to evaluate the risk-reward profile of a contemplated position and to choose the trades that fit best with your personal trading preferences.

Additionally, Star Ratings (shown as gold stars:  ) for each found opportunity take into account the overall expected performance of each pattern. A five-star prediction is statistically the most likely to achieve its target price.

Four distinct "strength ratings" are shown for each result found:

Initial Trend Strength as the stock entered the pattern
Breakout Trend Strength for stocks that have completed their patterns by breaking out
Volume Increase at the time the breakout occurred
Uniformity or clarity of the pattern within its trendlines

In your scans, you can set specific minimum and maximum values for each of these criteria. For example, you could search for bullish patterns that show a reversal of trend, with minimum ratings of 3 for Breakout Strength and Volume Increase.

Whether you choose Prophet Patterns ST (for shorter-term, intraday patterns) or Prophet Patterns DX (for patterns based on daily bars), you'll profit from customizable parameters that will allow you to find the opportunities tailored to your trading style - and clear predictions that help you choose which oppportunities to pursue.

Learn more about Prophet Patterns and the Investools Active Investing workshop by calling 1.800.393.5123.

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