Dow Jones, S&P 500 swing wildly, finish Friday slightly lower after House GOP withdraws Obamacare repeal bill

Technical Analysis

Technical Analysis Stock Chart

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

Trade of the Day: Bank on JPMorgan Chase & Co (JPM) Stock

JPM stock's management is considered excellent, and JPMorgan could make a strong trade or a good longer-term holding. More 

Trade of the Day: Vanguard Utilities ETF (VPU) Stock Plugging In for New Highs

The Vanguard Utilities ETF is considered a defensive security, but VPU could be prepping for another move higher. More 

Trade of the Day: Barrick Gold Corp (USA) (ABX) Stock Is Shining

Barrick Gold looks like it might be ready for another set of gains, with ABX stock eyeing a potential rise of 20%. More 

Trade of the Day: Integrated Device Technology Inc (IDTI) Stock Set to Surge

Integrated Device Technology is setting up for a possible move to $30 and IDTI stock could take investors along. More 

Trade of the Day: Intel Corporation (INTC) Stock Programmed for a Leg Up

The Mobileye addition should have things looking up for Intel, making INTC stock an interesting purchase at around $35. More 

Trade of the Day: ON Semiconductor Corp (ON) Stock Looking to Rise 20%

ON stock is oversold right now, making this an ideal entry point into ON Semiconductor Corp for investors. More 

Trade of the Day: Cirrus Logic, Inc. (CRUS) Stock Is Consolidating

Cirrus Logic recently made a run to $64, and on a pullback you may want to get into CRUS stock before the next leg-up. More 

Trade of the Day: Nucor Corporation (NUE) Stock Still Looking Strong

With plenty of tailwinds continuing to build for Nucor Corporation, NUE stock looks like it is prepping for more gains. More 

Trade of the Day: Eastman Chemical Company (EMN) Stock Aiming for $90

Eastman Chemical Company has been pressured by profit taking, but EMN stock is going to make a move upward soon. More 

Trade of the Day: Microchip Technology Inc. (MCHP) Stock Has Made Its Run, For Now

Microchip Technology Inc. has made an impressive run since last fall -- it's time to take profits in MCHP stock. More