TIGR Weekly Trend Analysis and Market Outlook.

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Over the past 14 weeks, UP Fintech Holding’s weekly trend for TIGR has transitioned from the Bearish zone to the Bullish zone, demonstrating a pattern of both upward and corrective trends. The cumulative increase in the Bullish zone stands at 14.4%. Following a 6-week corrective phase, the trend appears to be re-entering an upward trajectory starting from the end of October.

This pattern is expected to continue into the next week, signaling an imminent shift back into the Bullish zone. Temporary fluctuations during this transition might cause minor delays of 1 to 2 weeks. In the short term, the uptrend is anticipated to persist until late November, after which another corrective phase is expected. The magnitude and duration of this corrective phase, if it occurs within the currently predicted range, should allow for a re-entry into the uptrend. However, deviating from these predictions could pose challenges for re-entering the upward trend.

Given the 65% correlation with the US stock market, the overall trend for TIGR is likely to follow a similar trajectory to that of the US market. Predictions for the US market’s weekly trend in November suggest a generally rising pattern, indicating a rebound trend. Consequently, there is a high level of confidence in TIGR’s weekly upward trend. Based on the closing price of TIGR’s weekly trend this week, an expected reasonable increase of approximately 40% to 50% is anticipated during the uptrend in November.

Oct 23, 2023

Closed price

4.60

1.32%

 

 

Appropriate Investment Position: Bullish-Buy [Long-term strategy]

This week’s stock price Buy-Sell intensity analysis

The current trend appears to be ‘Entering an uptrend’. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a weaker upward rate than the current trend.

The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell.

Assuming that the average buy intensity is 100%,

This week’s buy intensity is

21%

 

 

Next week’s stock price Buy-Sell intensity Prediction

Based on recent stock trends and technical analysis, it looks like TIGR stock will enter an Uptrend next week

The %intensity of Risk & Return next week :

100%

HIGH ~ LOW % range next week :

26.6%

-1.3%

Predicted Average return over the next 3 weeks:

54.3%

The price of TIGR stock moves in line with the rise and fall of the stock market index with a probability of

65%

 

, and conversely, it moves against the stock market index trend with a probability of

35%

 

 

TIGR stock price 10 Week prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 weeks will follow a strong upward direction, with a ratio of 3 : 7 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is higher, while the downward strength is moderate. Currently, it’s about to begin an uptrend as a correction trend gradually transitions to small declines and strong rises. and It’s maintaining a suitable Buy-Sell intensity for the current trend conditions.

Indicating that We are currently in a bullish zone so far. But It is likely to change to a bearish zone within a few weeks. A suitable investing position is ‘Buy(Bullish) and Hold’ for now. The appropriate buying timing is predicted to be this week or next week.

The buying date is

Oct 30

 

 

A good price to buy a stock:

$ 4.58

And the appropriate selling timing is predicted to be in 3 weeks.

The selling date is

Nov 06

to

Nov 13

A good price to sell a stock:

$ 6.35

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility.

Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 1 week from now, 5 weeks from now, 7 weeks from now

57%

Prediction of Upper~Lower price range over the next 10 weeks

Price:

4.37

~

7.08

% Change:

-5.0%

~

53.9%

Median price between the upper and lower prices

5.73

24.5%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 weeks, the average trend zone & level%

Bullish

6%

The Current trend zone & level%

Bullish

7%

The expected average trend zone & level% for the next 10 weeks

Bullish

52%

If the trend moves upward from the current trend level%, it’s expected to have an average upward strength of

78%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-46%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 week: Entering an uptrend

100%

26.6%

-1.3%

In 2 weeks: Uptrend

77%

12.8%

-2.5%

In 3 weeks: Entering a correction trend

90%

15.8%

-0.2%

In 4 weeks: Entering a correction trend

-47%

2.6%

-8.1%

In 5 weeks: Entering a correction trend

-48%

1.4%

-8.6%

In 6 weeks: Correction trend

-38%

0.3%

-4.7%

In 7 weeks: Entering an uptrend

-50%

0.1%

-6.4%

In 8 weeks: Uptrend

79%

15.8%

-1.1%

In 9 weeks: Uptrend

56%

11.9%

-2.5%

In 10 weeks: Uptrend

65%

14.6%

0.0%

Average closing price in case of rising:

 

14.7%

=> HIGH ~ LOW range:

19.4%

~

-4.7%

Average closing price in case of falling:

 

-5.5%

=> HIGH ~ LOW range:

5.3%

~

-9.1%

The 10-week prediction and technical analysis of TIGR stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.



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