GoNoGo Trend Indicator now Integrated into
Blackbox Platform
Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the
“Company”), a financial technology and social media hybrid platform
offering real-time proprietary analytics for stock and options
traders of all levels, announced today that it has integrated the
GoNoGo Trend Indicator from GoNoGo Charts into the Blackbox
platform.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230918201834/en/
Blackboxstocks Joins Forces with GoNoGo
Charts to Provide the Ultimate Trend Indicator for Traders
(Graphic: Business Wire)
GoNoGo Trend® is available through the ChartIQ Technical
Analysis solution, an S&P Global Market Intelligence company.
The core GoNoGo chart contains colored price bars that identify the
direction and strength of price movements. Coupling this powerful
indicator with the Blackbox proprietary algo-driven alert system
will provide Blackbox users with unparalleled insight into the
real-time momentum of a stock.
Gust Kepler, CEO of Blackboxstocks, commented, ”AI has been the
predominate market buzzword in 2023, but we have been harnessing
the power of AI and predictive analytics since we launched our
platform in 2016. Our system has been proven to consistently find
the most volatile stocks with breakout potential and alerts our
users to the biggest market movers in real-time. We’re excited
about combining our analytics with the powerful and highly
complementary GoNoGo trend indicator, which is the equivalent of
putting Blackbox on digital steroids.”
GoNoGo Charts co-founders Alex Cole and Tyler Wood, CMT, and CEO
and COO, respectively, added, “Some of the world’s foremost fund
managers taught us that it is essential to develop a process. Using
the same checklist or rules by which you determine position entry
and exit creates a repeatable discipline that helps avoid
behavioral pitfalls. Those same investors rely on a combination of
many different indicators for a robust ‘weight of the evidence’
perspective. While that is powerful, we think that the complexity
of a price chart can lead to ‘Analysis Paralysis’, in that too many
components on the chart can obscure price action – our most
important indicator of all!
“GoNoGo Charts seeks to equip every trader with a responsible
checklist that actively reduces the clutter and indecision from
their charts. Working with the Blackbox team to implement GoNoGo
Trend directly into their default settings has been really
powerful. Together, we believe that we’re able to help the whole
community separate signals from noise and gain a clear picture of
trend while keeping the focus on price.”
About GoNoGo Charts
GoNoGo Charts is revolutionizing the way investors see the
markets. The GoNoGo analytical tools were meticulously developed
over many years with input from the world’s top institutional
portfolio managers, traders, and analysts to equip professional
investors with simple-to-read measurements about whether the market
environment is a “Go” for launch in terms of an idea, strategy or
investment. GoNoGo Trend® blends all the foundational studies used
by industry professionals into an indicator that color codes the
price bar based on the strength of trend. Handling all the complex
technical analysis and computing the heavy mathematics in the
background, GoNoGo arrives at a chart that uses a weight of the
evidence approach to show trend direction and intensity. For more
information, please visit: www.gonogocharts.com
About Blackboxstocks, Inc.
Blackboxstocks, Inc. is a financial technology and social media
hybrid platform offering real-time proprietary analytics and news
for stock and options traders of all levels. Our web-based software
employs "predictive technology" enhanced by artificial intelligence
to find volatility and unusual market activity that may result in
the rapid change in the price of a stock or option. Blackbox
continuously scans the NASDAQ, New York Stock Exchange, CBOE, and
all other options markets, analyzing over 10,000 stocks and up to
1,500,000 options contracts multiple times per second. We provide
our users with a fully interactive social media platform that is
integrated into our dashboard, enabling our users to exchange
information and ideas quickly and efficiently through a common
network. We recently introduced a live audio/screenshare feature
that allows our members to broadcast on their own channels to share
trade strategies and market insight within the Blackbox community.
Blackbox is a SaaS company with a growing base of users that spans
42 countries; current subscription fees are $99.97 per month or
$959.00 annually.
For more information, go to: www.blackboxstocks.com.
Safe Harbor Clause and Forward-Looking Statements
This press release includes forward-looking statements. All
statements other than statements of historical facts contained in
this press release, including statements regarding our future
results of operations and financial position, business strategy and
plans, and our objectives for future operations, are
forward-looking statements. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “expose,” “intend,”
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“predict,” “project,” “should,” “will,” “would” and similar
expressions that convey uncertainty of future events or outcomes
are intended to identify forward-looking statements, but the
absence of these words does not mean that a statement is not
forward-looking.
The forward-looking statements contained in this press release
are based on our current expectations and beliefs concerning future
developments and their potential effects on us. Future developments
affecting us may not be those that we have anticipated. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond our control) and other assumptions that
may cause actual results or performance to be materially different
from those expressed or implied by these forward-looking
statements. These risks and uncertainties include, but are not
limited to, those factors described under the heading “Risk
Factors” in our filings with the Securities and Exchange Commission
(the “SEC”), including our reports on Forms 10-K, 10-Q, 8-K and
other filings that we make with the SEC from time to time. Should
one or more of these risks or uncertainties materialize, or should
any of our assumptions prove incorrect, actual results may vary in
material respects from those projected in these forward-looking
statements. We undertake no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under
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“Risk Factors” in our SEC filings may not be exhaustive.
By their nature, forward-looking statements involve risks and
uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. We caution
you that forward-looking statements are not guarantees of future
performance and that our actual results of operations, financial
condition and liquidity, and developments in the industry in which
we operate may differ materially from those made in or suggested by
the forward-looking statements contained in this press release. In
addition, even if our results or operations, financial condition
and liquidity, and developments in the industry in which we operate
are consistent with the forward-looking statements contained in
this press release, those results or developments may not be
indicative of results or developments in subsequent periods.
Disclosure Information
Blackboxstocks uses and intends to continue to use its Investors
website at www.blackboxstocks.com/company-overview as a means of
disclosing material nonpublic information and for complying with
its disclosure obligations under Regulation FD. Accordingly,
investors should monitor the Company’s Investors website, in
addition to following the Company’s press releases, SEC filings,
public conference calls, presentations and webcasts.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230918201834/en/
Investors@blackboxstocks.com PCG Advisory Stephanie Prince (646)
863-6341 sprince@pcgadvisory.com
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