Technical Analysis

technical analysis chart Thursdays Rally Could be a Bull Trap

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

Thursday’s Rally Could be a Bull Trap

A non-confirmation by mid and small caps is a negative signal. More 

Trade of the Day: Bottom Fishers Should Cast a Line for CVX Stock

Chevron Corporation has exhibited renewed strength with significant accumulation. More 

If Europe Disappoints, Look Out Below

The market has already discounted a 50 billion euro monthly bond-buying program. More 

Trade of the Day: A Defensive Play Even Traders Can Love – PFE Stock

From a technical point of view, Pfizer Inc. is appealing to short- and long-term investors. More 

These 2 Charts Should Give Any Investor Pause

The stark contrast between small caps and utilities is a warning to all but the most aggressive traders. More 

Trade of the Day: Technicals Say JPM has Much Further to Fall

JPMorgan Chase & Co. broke a double-bottom and its 200-day moving average on a gap down. More 

Taking on Market Enemy No. 1 Is Pure Folly

As uncertainty abounds, there is only one safe course of action. More 

Trade of the Day: Buying ABC Stock is a No-Brainer

AmerisourceBergen Corp. formed a new bull channel following a breakaway gap. More 

Expect a Full-Blown Correction if This Line Breaks

The focus is now on the 200-day moving averages of the major indices. More 

Trade of the Day: High-Yielding Gold Trust Offers 30%-Plus Return Potential

GAMCO Global Gold Ntrl Rsrcs & Incm Trst is perfect for investors seeking high income and capital gains. More