Stage Analysis

2022년 1월 7일

This indicator helps in identification of stage cycle of a stock. Only to be analysed on Weekly and Daily timeframe.

Stages

• Stage 1 - Accumulation phase of a stock
  
• Stage 2 - Uptrend phase
  
• Stage 3 - Distribution phase
  
• Stage 4 - Downtrend
  

As shown in the chart, each stock go through its stage cycle. Below points confirms the uptrend of a stock
This will give idea of when to buy a stock

• Wait for first green label up bar to appear which is confirmation for stage 1 completion
  
• Another green label appears which will indicate stage 2 is starting
  
• Finally yellow label up appears which confirms the stage 2 uptrend
  

Once the yellow bar appears, Wait for a base to be formed then go for buy.

credits: Inspired from BigBitsIO tutorials and finallynitin