Technical Analysis

technical analysis chart Could the Correction Finally be Here?

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

Could the Correction Finally be Here?

As the S&P 500 approaches its 50-day moving average, few buyers appear willing to commit. More 

Trade of the Day: Bank on a Double-Digit Run in JPM Stock

Buy JPMorgan Chase & Co. on a pullback below $63 with a target of $72. More 

Trade of the Day: VLO Stock Looks Like a Steal

Valero Energy Corporation sports a consolidation pattern on its chart and super low P/E. More 

Trade of the Day: GPRO Stock Mounting an Uptrend

The tide appears to have turned in GoPro Inc. More 

Trade of the Day: WMT Stock May be the Deal of the Day

Wal-Mart Stores, Inc. looks oversold and ready to reverse up. More 

Less Trading, More Cash

A less-is-more approach continues to work best in this choppy market. More 

Trade of the Day: Is Third Time the Charm for PNRA Stock?

Panera Bread Co is again pushing against an important resistance line. Get my target for PNRA stock in the Trade of the Day. More 

Trade of the Day: Under $10 Stock Ready for a Big Move

MBIA Inc. is overbought but looks to be gearing up for a powerful rally. More 

Trade of the Day: Don’t Let COF Stock Fool You

After a flat start to 2015, Capital One Financial Corp. is coiling up for a move higher. More 

Clouds Gather, but Dollar Remains Key for Now

Movement in the greenback will largely determine the near-to-medium-term outcome for stocks. More