|
Technical Analysis is the study
of past price and volume trends to judge the direction of future price movement.
Technical Analysis helps investors to
take their investment decisions.
Technical
Analysis place heavy emphasis on charting Technique.
According to
Technical Analysis Theory, the charts graphically display and highlight certain
trends, relationships and patterns.
Bar Chart, Line Chart and Candle Stick Chart are widely used
for Technical Analysis.
Bar Chart
High, Low and Closing Values are used to plot Bar Chart
|
|
Candle Stick Chart
Open, High, Low and Closing values are used to plot Candle Stick
Chart.
|
|
Line Chart
Closing Value is used to plot Line Chart
|
|
From chart following patterns are analysed and interpreted.
Support, Resistance, Double Bottom, Double Top,
Consolidation, Continuation, Reversal, Head and Shoulder, Wedge, Trading Gap,
Trend Line, Channels, Retracement, Flag, Cup and Handle.
Secondary indicators
(oscillators, moving averages) are then used to spot buying or selling
opportunities.
Types of technical
indicators ( Subscribe to our service to
know which indicator to use. )
|
List of Technical Indicators: The following is an exhaustive list of
indicators available in PowerCharts: (82)
Accumulation/Distribution Line, Accumulation Swing Index, Aroon
Oscillator, Aroon Up/Down Indicator, Average True Range, Bollinger Bands,
Bollinger Band Width, Chaikin Money Flow, Chaikin A/D Oscillator, Chaikin
Volatility, Chande Momentum Oscillator, Close Location Value, Commodity
Channel Index, Coppock Indicator, Commodity Selection Index, DEMA, Demand
Index, Detrended Price, Detrended Price Oscillator, Directional Movement
Index or Average Directional Index, Donchian Channels, Donchian Channel
Width, Down Average, Dynamic Momentum Index, Ease of Movement, Envelopes,
Auto Fibonacci Retracement Zones, Force Index, Forecast Oscillator,
Ichimoku Kinko Hyo, Inertia, Intraday Momentum Index, Klinger Oscillator,
MACD, Market Facilitation Index, Mass Index, Median Price, MESA Sinewave,
Momentum, Money Flow Index, Monthly Trading Ranges, Moving Averages,
Negative Volume Index, Net Momentum Oscillator, On Balance Volume,
Parabolic SAR, Performance, Polarised Fractal Efficiency, Positive Volume
Index, Price Oscillator, Price Volume Rank, Price Volume Trend, QStick,
r-Squared, Random Walk Index, Range Indicator, Rate of Change, Relative
Momentum Index, Relative Strength Index, Relative Volatility Index, RVI -
PowerCharts, Stochastic Momentum Index, Stochastic Oscillator - Fast and
Slow, Stochastic RSI, Swing Index, T3, TEMA, Time Series Forecast or Least
Squares Moving Average, Trend Score, TRIX, True Strength Index, Typical
Price, Ultimate Oscillator, Vertical Horizontal Filter, VIDYA, Volatility
Ratio, Volume Oscillator, Weighted Close, Wilder's Smoothing, William's
Accumulation/Distribution, William's %R, and Zero Lag Exponential Moving
Average
|
