The bull is telling us it's not going down without a fight. 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?
An upbeat report from Edwards Lifesciences Corp resulted in a breakaway gap within a long-term bull channel. More
Air Products & Chemicals, Inc. appears headed back to the bottom of its bear channel. More
Public Service Enterprise Group Inc. (PEG) broke its 200-day moving average on higher-than-average volume. More