Technical Analysis

technical analysis chart Small Caps Attack Resistance

Technical Analysis Stock Chart

Technical analysis scrutinizes equities based on past measurements like asset price and trading volume, which give a view of past performance and stock trends. The technical analysis method does not assign value to a given equity; rather it simply reviews charts and statistical measurement of historical market activity in order to best predict future moves.

Investors should pay close attention to an equity’s direction, speed and distance throughout a technical analysis review. Is the price traveling in an upward or downward direction? What speed is the price moving at? Lastly, what distance will the price travel in a given direction?

Recent Articles

Small Caps Attack Resistance

It appears a healthy round of group rotation is emerging, but caution is still warranted. More 

Trade of the Day: Manitowoc Company (MTW)

Despite lackluster Q3 earnings, this industrial equipment company did especially well in the last few sessions after two new analyst ratings. The Profit Scanner expects a 27%–33% move higher from the Friday close. More 

Be On Guard for a Classic Bull Trap

Until small caps break out of their sideways tape action, I remain skeptical of the overall advance. More 

Trade of the Day: Technicals Point to More Gains in EEP Stock

The bulls pushed Enbridge Energy Partners, L.P. to a new all-time high on very high volume. More 

Bulls Cheer Small-Cap Rally, but Not So Fast

Despite all of the positive talk Thursday, the rally accomplished little. More 

Trade of the Day: Buy CELG Stock Now or Wait for a Pullback?

Biotech favorite Celgene Corporation is up more than 25% since mid-October. See my target on CELG stock. More 

Exit the Market Now Before the Crowd

Expect a pickup in volume and acceleration downward if stocks break lower. More 

Trade of the Day: Target Raised on High-Yielding EEP Stock

Enbridge Energy Partners resumed its bullish channel, and volume supports a move higher. More 

Trade of the Day: MU Stock Executes Near-Perfect Reversal

Micron Technology, Inc. (MU) pierced its 50-day moving average, which is now support. More 

How to Play the Upcoming Pullback

Monitoring support and resistance lines will be crucial in the near term. More