Technical analysis by charts
Download as PPTX, PDF0 likes410 views
The document discusses how charts can help investors analyze market trends and spot buying and selling opportunities by showing price movements over time. It also explains that charts only typically show closing prices, not other details like high, low, and opening prices. Additional technical indicators like head and shoulders patterns and the relative strength index (RSI) can further help identify inherent strengths, weaknesses, and predict future price changes.
1 of 14
Download to read offline
More Related Content
What's hot (13)
Ad
Viewers also liked (20)
Ad
Similar to Technical analysis by charts (20)
Recently uploaded (20)
Technical analysis by charts
- 2. The graphic presentation of the data through charts help the investor to find out the trend of the price with out any difficulty Spots the current trend for buying and selling Indicates the probable future action of the market by projection. Shows the past historic movement. Indicates the important areas of support and resistance
- 3. Providing of Closing prices for a set of particular period. There is no visual information about the high and low prices and opening prices
- 5. Represent highest price and lowest prices traded on that day or week
- 8. Its based on the neckline the trend can be analyzed.
- 12. It is an oscillator used to identify the inherent technical strength and weakness of particular scrip or market RSI is calculated for 5,7,9 and 14 days. If time period taken for calculation for more the possibility of getting wrong signals is reduced. Reactionary or sustained rise or fall in the price of the scrip is foretold by RSI