The overall picture is bullish, but stocks could remain in a tight holding pattern. 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?
Bristol-Myers Squibb Co appears to be headed to new highs.sa More
BioMarin Pharmaceutical Inc. broke from a triple-top on high volume. More
A breakout from a triple-top led to a new all-time high in Pfizer Inc. More
A buy signal and accumulation support a triple-bottom in Bank of America Corp. More
Watch for Chubb Ltd to pull back to its 50-day moving average. More