"Technical Trading Event"
Fiat Chrysler Automobile N.V.
January 18, 2017 at 2:43:50 pm (EST) — Fiat Chrysler was trading normal most of the day. Suddenly, price jumped on over one million shares.
NewsHedge alerted its clients to the unusual trading event at 2:44:11 pm (EST) as shares rose from $9.56 to $9.87.
As this technical trading event happened, Wall Street instantaneously took to Twitter to share information. According to Metricle's quantitative Twitter data, Twitter posts for Fiat Chrysler produced a positive "buy" signal—as visually seen below.
Over the next several trading sessions, our quantitative data continued to produce a positive "buy" signal—giving our clients even more conviction to remain long, or to add to their long position.
To review systematic trading data associated with this case study, or to inquire about backtesting our data, contact us at firstname.lastname@example.org.