Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical and Quantitative Research

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical Analysis

<p>Money Forward stock is currently offering an attractive entry point for both short-term traders and long-term investors. The stock’s price and RS exhibit bullish short-term reversals at 2.5-year base support -- buy. The size of the base implies a price target of ~9,300 JPY or +47% from current levels. Our long-term bullish thesis will remain intact as long as the stock does not decisively break below 5450 support... <em>see chart below</em>.</p>

Money Forward stock is currently offering an attractive entry point for both short-term traders and long-term investors. The stock’s price and RS exhibit bullish short-term reversals at 2.5-year base support -- buy. The size of the base implies a price target of ~9,300 JPY or +47% from current levels. Our long-term bullish thesis will remain intact as long as the stock does not decisively break below 5450 support... see chart below.

Company Spotlight: Buy Money Forward, Inc. (3994-JP)