Technical Analysis

technical analysis chart Bulls Banking on a Double Bottom

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

Bulls Banking on a Double-Bottom

But it is too early to count on a trend change since there is significant resistance. More 

Trade of the Day: Odds Favor Another 20%-Plus Drop in WYNN Stock

Wynn Resorts, Limited reversed from a recovery to its 50-day moving average. More 

Market Offering More Questions Than Answers

The Dow exceeded an important inflection point, but this may just be a reflex rally. More 

Trade of the Day: DB Stock Could Plummet Another 30%

Deutsche Bank AG (USA) is breaking down from a massive double-top. More 

Market Approaching Critical Resistance

How it responds should tell us whether buyers are strong enough to push stocks to new highs. More 

Trade of the Day: TWTR Stock is About to Become Popular Again

Twitter Inc just completed a double-bottom reversal from a bear market. More 

The Most Important Index to Watch Today

While the media focuses elsewhere, there is one chart I will be looking at. More 

Bulls Fight to Hold Rally

However, it currently looks more like a short-covering panic than a bullish reversal. More 

Trade of the Day: ADBE Stock in for More Pain

Shorting Adobe Systems Incorporated could return nearly 15% in a few weeks. More 

Market Rallies, but This is the Line to Watch

A close above it could indicate the correction is over and a challenge to the massive overhead has begun. More