Neural nets can do that. Additionally, they are not limited to looking just at price data. They can incorporate fundamental data, volume, open interest and other information that current analytical methods ignore. Neural nets are not limited to using the common technical studies-moving averages, RSI and such. Those tools have been overworked in the last few years.
Neural nets are adaptive.
They can learn through ongoing training. They're much less inflexible than traditional kinds of analysis. How did you first find out about neural nets. They wanted me to write an article on how to use their software in commodities. Neural network technology was a way to bring the research I had been doing for the last 10 or 12 years to a new level.