| Below - Illustration from Chapter 6: Recently there have not been any particularly significant signals. A signal from the "Wilder's 7 Day RSI Signals at 80 and 20", was flagged on Thursday, October 28, 2010. This value of the indicator is generally interpreted as a sell signal. |
 Summary of Recent Reports:No commentary available from weekend report. |
Table of Contents
Volume 1: ORLY Technical Analysis:
Chapter 1:
This look at O'Reilly Automotive, Inc. begins with a Classical Time Series Analysis of the historical stock prices, providing a vantage point over patterns that will be explored in greater detail in the following chapters. See ORLY Classical Analysis.
Chapter 2:
Risks associated with short and long period price changes can be understood through Volatility Analysis. Here the impact of the Volatility Curve on the potential profitability positions across different time spans is shown. See ORLY Volatility Risk.
Chapter 3:
Changes in Daily Volume are tracked in time here. Time Series Analysis demonstrates Trends and Cyclical Patterns in the number of shares transacted. See ORLY Historical Volume.
Chapter 4:
The Traditional Seasonal Analysis of Price Trends can still yield valuable predictive information. See ORLY Calendar Year Trends.
Chapter 5:
One of the most popular indicators, the Moving Average, comes in many variations. Here we test the predictive ability of different averages as applied to prediction of O'Reilly Automotive, Inc. prices. See Average Indicators.
Volume II: Modern Technical Analysis:
Chapter 6:
Technical Oscillators are compared to test their power as buy or sell signals for speculating in ORLY stock. We conduct an extensive investigation of the popular "RSI" of Welles Wilder and some of its variations. See Technical Oscillators.
Chapter 7:
This chapter takes a view somewhat similar to standard analysis of seasonal trends, but it is based on the 4 year or 2 year Political Calendar rather than the 1 year Standard Calendar. Political Seasons work better than Calendar Seasons for predicting prices of many companies. See Politics and Prices of ORLY.
Chapter 8:
Volume Stratification Analysis tracks the volumes associated with price levels over the entire history of a stock. The resulting analysis yields a framework for understanding the mechanism behind support and resistance levels, and a scientific basis for predicting price behaviors due to those levels. See Volumetric Analysis.
Chapter 9:
Analysis of Market Momentum as the product of Price and Volume drives an interpretation considerably more sophisticated than those that consider Price Momentum alone. See Momentum Investing Indicators.
Chapter 10:
The mood of the market toward O'Reilly Automotive, Inc. show up in the Daily Closing Altitude and other Sentiment Indicators. See Market Sentiment.
Section 11:
The chapter first converts the Price Line to several different mappings based on "Runs" or the number of consecutive price movements in a particular direction. A discussion of the "Monte Carlo Fallacy" and it's relevance to Stock Price Prediction leads to a revisionist method of Price Projection using the Bernoulli Analysis. See Bernoulli Run Analysis.
Chapter 12:
Japanese Candlesticks have a long history, but continue to be used because some of their best concepts are based on universal Investor Psychology. See Japanese Candlesticks.
Volume III: Advanced Price Behavior Visualization:
Chapter 13:
Multi-spectral analysis reveals behavioral features of ORLY prices that may not be apparent to ordinary analysis. See Support and Resistance.
Chapter 14:
The combination of multi-spectral and mult-dimensional analysis of O'Reilly Automotive, Inc. historical trends, yields a rich set of behavioral surfaces. See Price Behavior Surfaces.
Chapter 15:
Here we look at periodic frequency and waveform characteristics of the ORLY historical price series. Classical techniques such as the Fourier Transform and newer digital filtering techniques contribute to this analysis. See Frequency and Waveform Analysis.
Chapter 16:
Forecasts are gathered from several sources to predict future price movements. See ORLY Price Predictions.
Volume IV: Final Results and Trading Strategy:
Chapter 17:
The results of various trading strategies carried out over 10 years are evaluated here for ORLY. The results of "buy and hold", "buy the dips", and other strategies are compared, as well as sliding stop settings. See Single Company Strategies.
Chapter 18:
The trading policies that work well when applied to speculation in any one companies stock may fall short when applied to the more usual situation where a person is speculating on a basket or portfolio of companies. Here we find the best muti-company portfolio trading policies. See ORLY Multi-Company Strategies .
Appendix A:
The statistical abstract for O'Reilly Automotive, Inc. gathers the most relevant analysis into a single chapter. See ORLY Final Results . |
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