Companies listed in the healthcare sector include those that develop pharmaceuticals along with treatments sourced on biotech, this includes the tools and supplies needed for the clinical trials that validate the treatments. Related categories include equipment and services, with the inclusion of surgical supplies, diagnostic tools, and health insurance providers.
Algorithmic trading involves identifying patterns that deliver consistent returns based on multiple performance metrics. Some of the most common considerations include Profit Factor (Gross Wins divided by Gross Losses) and Profitability (Percentage of Winning Trades relative to Total Trades executed). Most technical traders are less concerned on the overall fundamentals relating to the security. Volatility is a major consideration when reviewing performance, specifically as it relates volume and potential indications of institutional support in either direction.
Below are a few video pertaining to the healthcare sector, for the extended library of video click here.
Trading Video | Johnson & Johnson
Trading Video | Eli Lilly and Company
Trading Video | Pfizer
Search thousands of trading charts or run the analysis yourself with our one-click optimization (same tools leveraged by high-frequency traders), here are a few communications stocks: $JNJ, $LLY, $ABBV, $MRK, $TMO.
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