Modules for Traders

Executing Technical Analysis

1. Importance of Volume 2. Momentum - Definition, Use , Benefits & Drawbacks play Value of Volume & Momentum 3. Catching a falling knife 4. What is a Moving Average ? Explained in Detail play Never try to catch a falling knife 5. What is Relative Strength Index? 6. A Complete Guide on Bollinger Bands play Advanced Technical Indicators 7. Using moving averages 8. What are Fibonacci Retracement ? How should you use it? play Fibonacci Retracement 9. Know more about Executing Dow Theory - 1 10. Executing Dow Theory - 2 - Explained play “the Grandfather of Technical Analysis” Glossary of Executing Technical Analysis

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Glossary of Executing Technical Analysis

4.1

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  1. Line chart – A single line that connects stock prices is called a line chart.
  2. Bar charts – A chart that has open, high, low, and close data sets in a vertical line in the form of a bar. It’s also referred to as an open-high-low-close (or OHLC) chart.
  3. Candlestick charts – A chart that has open, high, low, and close data sets in a candle form.
  4. Support – A straight line that connects three or more of a stock’s data points. It usually indicates the stock is going down.
  5. Resistance – A straight line that connects three or more of a stock’s data points. It usually indicates the stock is going up.
  6. Trend – The directional movement of a stock price.
  7. Uptrend – Stocks are in an uptrend when they’re making higher highs and higher lows.
  8. Downtrend – Stocks are in a downtrend when they’re making lower highs and lower lows.
  9. Sideways trend – Stocks that trade in a range are in a sideways trend.
  10. Patterns – Price patterns are trends that occur in stock charts. The patterns form recognizable shapes.
 
  1. Triangle pattern – The pattern is in the form of a triangle.
  2. Rectangle pattern – The pattern that’s formed when stock trades sideways.
  3. Head and shoulder pattern – A reversal pattern that has three consecutive peaks.
  4. Double top and bottoms – Two consecutive peaks between two horizontal lines is called double top. Two consecutive bottoms between two horizontal lines is called double bottom.
  5. Triple top and bottoms – Three consecutive peaks between two horizontal lines is called triple top. Three consecutive bottoms between two horizontal lines is called triple bottom.
  6. Simple moving average – An average of the closing price of the stock over a specified number of periods.
  7. Volume – The measure of the number stock’s shares traded on the stock exchange in a day or a period of time.
  8. Relative Strength Index – The Relative Strength Index (or RSI) is a measure of the overbought and oversold position of a stock.
  9. Moving Average Convergence Divergence – Moving Average Convergence Divergence (or MACD) is the difference between two moving averages.
  10. Bollinger Bands – Bollinger Bands are a channel of moving averages over the stock prices.

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