Tradepulse Power Inflow Alert: Arista Networks Inc. Moves Up Over 10 Points After Alert

STOCK CLOSES 2.5% HIGHER AFTER SIGNAL

Yesterday, at 10:34 AM on November 21st, a significant trading signal occurred for Arista Networks, Inc. ANET as it demonstrated a Power Inflow at a price of $394.96. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Arista’s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Arista’s stock price, interpreting this event as a bullish sign.

Signal description

Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted by active traders as a bullish signal. 

The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock’s overall direction, powered by institutional activity in the stock, for the remainder of the day. 

By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success

If you want to stay updated on the latest options trades for ANET, Benzinga Pro gives you real-time options trades alerts. 

Market News and Data are brought to you by Benzinga APIs and include firms, like Finit USA, responsible for parts of the data within this article.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

After Market Close UPDATE:

The price at the time of the Power Inflow was $394.86. The returns on the High price ($404.96) and Close price ($404.65) after the Power Inflow were respectively 2.6% and 2.5%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case, the high of the day and close were very close but that is not always the case

Past Performance is Not Indicative of Future Results

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: SignalsTrading IdeasGeneralcontributorsExpert Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!