Or we may be locked into a negative intermediate trend as we enter the second quarter. 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?
Buyers must emerge before the key indices break through the next major support lines. More
Shares of United Continental Holdings Inc look ready to soar following a consolidation. More
PulteGroup, Inc. looks ready to break from a consolidation and run to new highs. More
The triple-digit decline in the Dow Jones Transportation Average can't be ignored. More
Upside volume in Costco Wholesale Corporation has been strong, supporting a bullish saucer. More
iShares Dow Jones US Home Const. (ETF) (ITB) is trading in a well-defined bull channel with solid support. More
Celgene Corporation approached a triple-top high, flashing a MACD buy signal. More