FutureStarr

Zig Stockor

Zig Stockor

Zig Stock

The Zig Zag indicator is often used in conjunction with Elliot Wave Theory to determine the positioning of each wave in the overall cycle. Traders can experiment with different percentage settings to see what gives the best results. For example, a setting of 4% may define waves more clearly than a setting of 5%. Stocks have their own patterns, so it is likely that traders will need to optimize the Zig Zag indicator’s percentage setting to suit those securities.Although the Zig Zag indicator does not predict future trends, it helps to identify potential support and resistance zones between plotted swing highs and swing lows. Zig Zag lines can also reveal reversal patterns, i.e. double bottoms and head and shoulders tops. Traders can use popular technical indicators such as the relative strength index (RSI) and the stochastics oscillator to confirm whether the price of a security is overbought or oversold when the Zig Zag line changes direction.

Zig

The Acquirers Fund is an actively managed exchange-traded fund. It seeks to achieve its investment objective by investing in equity securities of U.S.-listed companies that Acquirers Funds, LLC, the Fund’s investment adviser, believes to be undervalued, but fundamentally strong. The Adviser typically selects approximately 30 stocks from the largest 25 percent of all stocks (equivalent to a market capitalization greater than approximately $2 billion).The investment seeks to track the price and total return performance, before fees and expenses, of the Acquirer's Index (the "index"). The index is constructed with a 100% net equity exposure (130% long, 30% short) composed of the 30 most undervalued, fundamentally strong stocks listed in the United States selected from the largest 25% of all stocks. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The fund isnon-diversified.

Although the Zig Zag indicator does not predict future trends, it helps to identify potential support and resistance zones between plotted swing highs and swing lows. Zig Zag lines can also reveal reversal patterns, i.e. double bottoms and head and shoulders tops. Traders can use popular technical indicators such as the relative strength index (RSI) and the stochastics oscillator to confirm whether the price of a security is overbought or oversold when the Zig Zag line changes direction. \begin{aligned} &\text{ZigZag}(\text{HL}, \%change=X, retrace=\text{FALSE},\\ &LastExtreme=\text{TRUE})\\ &\text{If } \%change >=X, \text{plot ZigZag}\\ &\textbf{where:}\\ &\text{HL}=\text{High-Low price series or Closing price series}\\ &\%change=\text{Minimum price movement, in percentage}\\ &Retrace=\text{Is change a retracement of the previous}\\ &\text{move or an absolute change from peak to trough?}\\ &LastExtreme=\text{If the extreme price is the same over}\\ &\text{multiple periods, is the extreme price the first or}\\ &\text{last observation?}\\ \end{aligned} (Source: www.investopedia.com)

 

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