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Correlation | Costco Wholesales and Dow Jones Industrial Average | AmiBrokerAcademy.com

December 7, 2017



US Stock Analysis




The major US tech stock declined has influenced the key tech stock in Hong Kong and China.

Correlation of Costco Wholesale Corporation and Dow Jones Industrial Average Index

See any correlation between Costco and Dow Jones, both up and both down above the sametime for the last two months at least.


Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. 



December 6, 2017 Costco Whoesale Corp and Dow Jones Industrial Average Correlation
























The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.