No threat no beating -just facts compared to more facts
Thursday, May 18, 2006 Accuracy of Alexa metrics Alexa has a feature that shows traffic data for websites. For example, here is an Alexa traffic chart for Findory.com.
Given how many people appear to use Alexa data to make serious business decisions, it seems like Alexa traffic charts are thought of as reliable and accurate. But are they?
As the Alexa site itself warns, the data is not accurate or reliable. An excerpt:
As you can see, not only is Alexa much more inaccurate than others,[b/] their accuracy is also going down over time, and currently at just 12% overall.
Courtesty of Ichimoku Flag: A flag is a small rectangle pattern that slopes against the previous trend. If the previous move was up, then the flag would slope down. If the move was down, then the flag would slope up. Because flags are usually too short in duration to actually have reaction highs and lows, the price action just needs to be contained within two parallel trend lines