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?

Trade of the Day: United Parcel Service, Inc. (UPS) Stock Will Deliver

Any current UPS stock pullback doesn't look like more than normal profit taking, and United Parcel Service could push ahead to about $130.

Trade of the Day: Johnson & Johnson (JNJ) a Healthy Investment

Johnson & Johnson looks ready to push another leg higher, with a JNJ stock price target of around $135. And don't forget the dividends!

Trade of the Day: Raytheon Company (RTN) Stock on Target

Defense spending may be up under Donald Trump, and Raytheon -- and RTN stock -- should be a major beneficiary.

Trade of the Day: Intel Corporation (INTC) Climbing Once More

Growth in non-PC areas shows Intel stock remains a long-term hold, while those interested in shorter bets could try to ride INTC to $40.

Trade of the Day: Netflix, Inc. (NFLX) a Buy on the Pullback

With the tech sector taking some hits, NFLX stock could be a good buy. Look for Netflix to move toward $130 in the next three months.

Trade of the Day: Textron Inc. (TXT) Aiming for Military Growth

Textron stands to gain from any military expansion planned by Donald Trump. Buy TXT at or under $42 for a ride to $50.

Trade of the Day: iShares Dow Jones US Aerospace & Def.ETF (ITA) A Portfolio Stalwart

We may potentially be looking at a pullback, but that just gives investors a better entry point into the ITA ETF.

Trade of the Day: Boeing Co (BA) Set to Soar

With a backlog of civilian orders for Boeing's plans, BA stock looks like it will continue to climb for a while.

Trade of the Day: Apple Inc. (AAPL) Is a Bullish Bet

Despite recent weakness in AAPL stock, the movement lately for Apple Inc. has been an upward trend that could take us to $125.

Trade of the Day: Canadian National Railway (USA) (CNI) Is Steaming Ahead

Canadian National Railway is a well-run company which has hit a bit of a downturn recently. That just makes CNI stock a better buy now.

Trade of the Day: Citigroup Inc (C) Should Climb With a Rate Hike

Even without, C stock recently showed a golden cross and Citigroup has kept its chart mostly moving in a positive direction.

Trade of the Day: First Trust Financials AlphaDEX Fd(ETF) (FXO) Will Continue to Outperform

The FXO ETF has a history of stellar gains over the past few years, and it looks like the trend is going to continue for this financials ETF.

Trade of the Day: Charles Schwab Corp (SCHW) Earnings Keep On Growing

The trend for SCHW stock looks to be pointed higher -- get in soon for a ride to about $38 in Charles Schwab.

Trade of the Day: Advanced Micro Devices, Inc. (AMD) Aiming for $8

Advanced Micro Devices has gotten good news from inside and outside the company, and that's pushing AMD stock higher and higher.

Trade of the Day: Tesla Motors Inc (TSLA) Still Trending Down

Short sellers, this may be the time to keep an eye on TSLA stock, with Tesla's earnings coming this week and the trend looking negative.

Trade of the Day: Cree, Inc. (CREE) a Perfect Short Setup

Several bearish events on the CREE stock chart suggest traders should prepare for more pain to come for Cree.

Trade of the Day: Valero Energy Corporation (VLO) on the Rise

Valero Energy has confirmed a deep V bottom and looks to be on the rise. Grab VLO stock for a potential move to $65.

Trade of the Day: Synnex Corporation (SNX) Ripe for a Short-Term Pop

After a gap up followed by some profit taking in Synnex Corporation, SNX stock looks primed for a run toward $118.

Trade of the Day: Buy Merck & Co., Inc. (MRK) … But Not Yet

While Merck looks like it will be rewarding shareholders well in the future, the price of MRK stock is just a little too high right now.