A non-confirmation by mid and small caps is a negative signal. More
- Poll of the Day
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?
Chevron Corporation has exhibited renewed strength with significant accumulation. More
From a technical point of view, Pfizer Inc. is appealing to short- and long-term investors. More
JPMorgan Chase & Co. broke a double-bottom and its 200-day moving average on a gap down. More
AmerisourceBergen Corp. formed a new bull channel following a breakaway gap. More
The focus is now on the 200-day moving averages of the major indices. More
GAMCO Global Gold Ntrl Rsrcs & Incm Trst is perfect for investors seeking high income and capital gains. More