# Case Study #4

""Technical Trading Event""

Fiat Chrysler Automobile N.V.

#### News Event

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.

#### Market Alert

NewsHedge alerted its clients to the unusual trading event at **2:44:11 pm** (EST) as shares rose from **$9.56** to **$9.87**.

#### Social Context

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.

#### Alpha Generation

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.

#### Systematic Trading Data

To review systematic trading data associated with this case study, or to inquire about backtesting our data, contact us at [sales@newshedge.com](mailto:sales@newshedge.com).