Before reading this article, be sure to be familiar with what moving averages are and how to read them.
Most of the time, a user will have more than one period of moving averages in their charts… usually 50 and 200. Obviously based on your time frame, depends on how high or low you set your [...]
When it comes to the stock markets there are various ETF’s and indices that will give you a good picture of what is happening to a certain sector or individual market. While you can’t always necessarily invest in these entities, they go a long way in letting you get a jump on certain stock picks.
An [...]
The Relative Strength Index, also known as RSI, is a technical indicator that simply measures the magnitude of a stock’s recent gains to its recent losses. It is useful for determining momentum of a particular stock.
There is mathematical equation, but most people will utilize RSI within the tools of a chart. The only customized option [...]
When it comes to reading chart and other technical analysis patterns, volume probably plays one of the biggest roles in how strong that pattern will hold. Very simply, the volume tells you how strong a certain stock movement is. Obviously, stronger (or more) volume indicates a more significant stock movement.
We can see this clearly in [...]
Using multiple technical indicators in an analysis of a stock is the best way to create an accurate forecast of price movement; however, many traders don’t know how to use them correctly.
Learn 16 Strategies To Successful Stock Trading