Technical Analysis

technical analysis chart Traders Should Book Short Term Gains Now

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

Traders Should Book Short-Term Gains Now

It looks like the market may pause so the bulls can regroup. More 

Time to Cash In on Tech?

Potential sellers lurk just above PowerShares QQQ's (QQQ) 50-day moving average. More 

Watch for This Sign That the Correction Is Over

A penetration of a key moving average would be a strong indication that the bulls are back in charge More 

Pounce on Broadcom (BRCM) on a Pullback

A continuation gap is likely to be at least partially filled on profit-taking. More 

Nasdaq Stages Turnaround; Here’s What Needs to Happen Next

The stunning reversal came on high volume with a new buy signal. More 

Blue Chips Are Not the Place to Hunt for Bargains

The Dow is so technically damaged its underperformance is likely to continue. More 

Put This Fund at the Top of Your Long-Term Buy List

Despite the recent stock market correction, iShares Nasdaq Biotechnology (IBB) remains in an uptrend. More 

Dead Cat Bounce or the Real Deal?

We saw group rotation from small to big caps, but much technical damage has been done. More 

Devon Energy is a Bottom Fisher’s Delight

Devon Energy (DVN) showed strong buying after what appears to be a selling climax. More 

Market’s ‘Soldiers’ Lead a Mighty Charge Higher

The small- and mid-cap indices triggered multiple buy signals. More