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Stage Analysis

Tradingview Indicator


Azure

Description

This indicator helps in the identification of the stage cycle of a stock. It should only be analyzed on Weekly and Daily timeframes.

Stages

  1. Stage 1: Accumulation phase of a stock
  2. Stage 2: Uptrend phase
  3. Stage 3: Distribution phase
  4. Stage 4: Downtrend phase

Understanding the Stages

As shown in the chart, each stock goes through its stage cycle. Below points confirm the uptrend of a stock and provide an idea of when to buy a stock:

  • Stage 1 Completion: Wait for the first green label up bar to appear. This confirms the completion of Stage 1.
  • Stage 2 Start: Another green label appears, indicating the start of Stage 2.
  • Stage 2 Uptrend Confirmation: Finally, a yellow label up appears, confirming the Stage 2 uptrend.

Plots

  • 50, 150 and 200 Simple Moving Averages in Daily and Weekly timeframe
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