such as the degree of the change and the corresponding investor sentiment toward an equity. For example, an upgrade from "buy" to "strong buy" may not result in too much upward momentum.

For example, it can be a puzzle as to why ... and analyst ratings – can add substantial value to traditional technical analysis, because sentiment extremes are not visible on the charts and ...

are employed in the analysis. For example, the German economic slowdown of 2024, driven by mounting energy prices and decreasing industrial output, led to a reduced 2025 growth forecast of just 0.3%, ...