Technical Analysis Wiki

Technical analysis is a method of determining market direction by analyzing price movement, support and resistance, and other price trend related factors through mathematical indicators.

Technical Analysis Indicators Used:

Area Pattern
After a stocks directional momentum has slowed down the sideways trading pattern formed is called an area pattern.

Consolidation Pattern
A type of area pattern which breaks out in the direction of the previous trend.

Double Trendline
Using two parallel trendlines to determine the trend pattern.

Horizontal Channel
When the rally tops and the reaction bottoms form lines parallel of each other the trading sone inside the lines is called the horizontal channel.

Moving Average
A methematical formula to smooth out historic pricing data using the pricing data for a set period of time.

MACD
Moving Average Convergence Divergence is an oscillator derived by dividing one moving average against another and plotted on a chart with a horizontal equilibrium line.

Resistance Level
An upper price level at which there exists for the meantime a continuouis supply of stock which forestalls the continued uptrend.

Rounding Bottom
An area pattern which over time shows a bowl shaped pattern form in both the pricing and the volume.

Secular Trend
A long term trend which lasts more than a year.

Support Level
An lower price level at which there exists for the meantime a continuouis supply of stock which forestalls the continued downtrend.

Trend Channel
A parallel price range centered between support and resistance.

Trendline
A line drawn through the lower points or higher points to determine trend direction.