Technical analysis is the interpretation of the price action of a company's underlying stock (or any tradable financial instrument). It utilizes various charts and ...603-635-4914FacebookTwitterFacebookTwitterDayTradingEncyclopediaIntroductiontoTechnicalAnalysisWhatisDayTradingDayTradingDefinedDayTradingGoalsRiskManagementStockMarketHistoryStockMarketTermsTradingvs.InvestingDayTradingBasicsMarketIndicesPaperTradingStockWatchListsShortSqueezesStockBreakoutsStockVolumeStockMarketFuturesTradingStyles&StrategiesAfterHoursTradingHighFrequencyTradingMomentumTradingShortSellingOptionsTradingPennyStocksPre-MarketTradingTradingStylesStockBrokersBrokerTypesCommissionStructuresMarketRoutesOrderTypesShortListsTradingPlatformsAboutFeaturesStockScannersChartsIntroductiontoStockChartsIntroductiontoTechnicalAnalysisPriceandVolumeTypesofChartsHowtoReadaStockChartCandlestickChartsStockChartPatternsSupportandResistanceTrendLinesTrianglePatternsWedgesFlagsDoubleBottoms&TopsHeadandShouldersCupandHandleLevel2IntroductiontoLevel2SupplyandDemandBid,Ask,andSpreadMarketMakersTechnicalIndicatorsMovingAveragesRSIMACDVWAPBollingerBandsFibonacciRetracementsMoneyFlowIndexParabolicSARStochasticsPivotPointsStockMarketFundamentalsIntroductiontoFundamentalAnalysisAccountingRatiosCashFlowStatementsIncomeStatementsBalanceSheetsStockShareStructureSECFilingsForm4Form144Form8-KForm10-QForm10-KRegistrationStatementsWhatisDayTradingDayTradingDefinedDayTradingGoalsRiskManagementStockMarketHistoryStockMarketTermsTradingvs.InvestingDayTradingBasicsMarketIndicesPaperTradingStockWatchListsShortSqueezesStockBreakoutsStockVolumeStockMarketFuturesTradingStyles&StrategiesAfterHoursTradingHighFrequencyTradingMomentumTradingShortSellingOptionsTradingPennyStocksPre-MarketTradingTradingStylesStockBrokersBrokerTypesCommissionStructuresMarketRoutesOrderTypesShortListsTradingPlatformsAboutFeaturesStockScannersChartsIntroductiontoStockChartsIntroductiontoTechnicalAnalysisPriceandVolumeTypesofChartsHowtoReadaStockChartCandle

Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities in price trends and patterns seen on charts.LinkedInwithBackgroundYourPrivacyRightsInvestopediaandourthird-partypartnersusecookiesandprocesspersonaldatalikeuniqueidentifiersbasedonyourconsenttostoreand/oraccessinformationonadevice,displaypersonalizedadsandforcontentmeasurement,audienceinsight,andproductdevelopment.TochangeorwithdrawyourconsentchoicesforInvestopedia.com,includingyourrighttoobjectwherelegitimateinterestisused,clickbelow.Atanytime,youcanupdateyoursettingsthroughthe"EUPrivacy"linkatthebottomofanypage.Thesechoiceswillbesignaledgloballytoourpartnersandwillnotaffectbrowsingdata.ListofPartners(vendors)Weandourpartnersprocessdatato:Activelyscandevicecharacteristicsforidentification.Useprecisegeolocationdata.Storeand/oraccessinformationonadevice.Selectpersonalisedcontent.Createapersonalisedcontentprofile.Measureadperformance.Selectbasicads.Createapersonalisedadsprofile.Selectpersonalisedads.Applymarketresearchtogenerateaudienceinsights.Measurecontentperformance.Developandimproveproducts.ListofPartners(vendors)IAcceptShowPurposesPartOfHowtoInvestwithConfidenceExploreTheGuideOverviewStockMarketBasicsOverviewStockMarketDefinitionPrimaryandSecondaryMarketsHowtoBuy/SellStocksMarketHoursStockExchangesHowStockInvestingWorksOverviewWhatOwningaStockMeansTheBasicsofOrderTypesPositionSizingExecutingTradesWhentoSellaStockIncome,Value,GrowthStocksCommissionsBrokerageAccountsBestInvestmentAppsInvestingvs.TradingOverviewInvestingandTradingDifferencesStocksvs.ETFsStocksvs.MutualFundsETFsvs.MutualFundsBonds&FixedIncomeOverviewWhatIsaBond?BondYieldDefinitionBasicBondCharacteristicsHowtoBuyaBondCorporateBondsGovernmentBondsMunicipalBondsBondRisksOptions&FuturesOverviewOptionsvs.FuturesEssentialOptionsTradingManagingaPortfolioOverviewUnderstandingRiskToleranceDiversificationMeasuringInvestmentReturnsCorporateActionsDividendsStockResearchOverviewStockFundamentalsEssentia

Technical analysis is a trading tool employed to evaluate securities and attempt to forecast their future movement by analyzing statistics gathered from trading ...TradingViewENTradingViewLaunchchartSeetickeroverviewSearchideasSearchscriptsSearchpeopleProfileProfileSettingsAccountandBillingReferredfriendsCoinsMySupportTicketsHelpCenterDarkcolorthemeSignOutSigninUpgradeUpgradenowStartfreetrialUpgradeplanPaynothingextraUpgradeearlyGet6monthsfreeUselastchanceGetamonthfor$1ChartMarketsCryptocurrenciesCryptoScreenerPricesMarketCapchartsBitcoinXRPEthereumBitcoinCashEOSStellarLitecoinBitcoinSVTetherCryptoMarketCap,BTC/USD,ETH/USD,USDT/USD,XRP/USD,BitcoinCurrenciesEconomicCalendarForexScreenerMajorMinorExoticAmericasEuropeAsiaPacificMiddleEastAfricaCrossRatesHeatMapCurrencyindicesEUR/USD,GBP/USD,USD/JPY,AUD/USD,USD/CAD,USD/CHFStocksEarningsCalendarStockScreenerLarge-capTopgainersToplosersMostactiveMostvolatileOverboughtOversoldAll-timehighAll-timelowHigh-dividendSector&IndustryApple,AdvancedMicroDevicesInc,AmazonComInc,Tesla,Inc,Netflix,Inc,FacebookIncIndicesMajorworldindicesUSindicesS&PsectorsCurrencyindicesS&P500,Nasdaq100,Dow30,Russell2000,U.S.DollarIndex,BitcoinIndexFuturesAgriculturalEnergyCurrenciesMetalsWorldindicesInterestratesGold,Silver,CrudeOil,NaturalGas,Corn,BitcoinBondsMajor10YAmericasEuropeAsiaPacificMiddleEastAfricaUS10Y,EuroBund,Germany10Y,Japan10YYield,UK10Y,India10YScreenersStockScreenerForexScreenerCryptoScreenerMarketAnalysisIdeasFollowedAuthorsEditors'picksCryptocurrenciesCurrenciesStocksIndicesFuturesTrendanalysisWaveanalysisChartpatternsTechnicalindicatorsBeyondtechnicalanalysisScriptsEditors'picksOscillatorsTrendanalysisMovingaverageVolumeCenteredoscillatorsVolatilityBillWilliamsindicatorsBreadthindicatorsStreamsMoreHelpCenterPricingAboutAboutFeaturesBlog&NewsStatuspageWallofLoveCommunityReferafriendHouserulesModeratorsPineWizardsForbusinessWebsite&brokersolutionsWidgetsChartingsolutionsLightweightLibraryBrokerageintegrationPartnerprogramAdvertising

In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.TechnicalanalysisFromWikipedia,thefreeencyclopediaJumptonavigationJumptosearchSecurityanalysismethodologyInfinance,technicalanalysisisananalysismethodologyforforecastingthedirectionofpricesthroughthestudyofpastmarketdata,primarilypriceandvolume.[1]Behavioraleconomicsandquantitativeanalysisusemanyofthesametoolsoftechnicalanalysis,[2][3][4]which,beinganaspectofactivemanagement,standsincontradictiontomuchofmodernportfoliotheory.Theefficacyofbothtechnicalandfundamentalanalysisisdisputedbytheefficient-markethypothesis,whichstatesthatstockmarketpricesareessentiallyunpredictable,[5]andresearchonwhethertechnicalanalysisoffersanybenefithasproducedmixedresults.[6][7][8]Assuchithasbeendescribedbymanyacademicsaspseudoscience.[9]Contents1History2Generaldescription3Characteristics4Principles4.1Marketactiondiscountseverything4.2Pricesmoveintrends4.3Historytendstorepeatitself5Industry5.1Software6Systematictrading6.1Neuralnetworks6.2Backtesting7Combinationwithothermarketforecastmethods8Empiricalevidence8.1Efficient-markethypothesis8.1.1Randomwalkhypothesis9Scientifictechnicalanalysis10Ticker-tapereading11Quotationboard12Chartingtermsandindicators12.1Concepts12.2Typesofcharts12.3Overlays12.4Breadthindicators12.5Price-basedindicators12.6Volume-basedindicators12.7TradingwithMixingIndicators13Seealso14References15Bibliography16Furtherreading17ExternallinksHistory[edit]Theprinciplesoftechnicalanalysisarederivedfromhundredsofyearsoffinancialmarketdata.[10]SomeaspectsoftechnicalanalysisbegantoappearinAmsterdam-basedmerchantJosephdelaVega'saccountsoftheDutchfinancialmarketsinthe17thcentury.InAsia,technicalanalysisissaidtobeamethoddevelopedbyHommaMunehisaduringtheearly18thcenturywhichevolvedintotheuseofcandlesticktechniques,andistodayatechnicalanalysischartingtool.[11][12]JournalistCharlesDow(1851-1902)compiledandcloselyanalyzedAm

Technical Analysis helps identify trading opportunities using actions of Market Participants through charts, patterns, and indicators.1.BackgroundIntroductiontotheconceptoftechnicalanalysisandhowitdiffersfromFundamentalanalysis.WealsodiscussthekindofreturnexpectationoneneedstosetwhiletradingbasedonTechnicalAnalysi..2.IntroducingTechnicalAnalysisThischapterexploresthemanycharacteristicsofTechnicalAnalysisincludingitsadaptabilitytodifferentassetclasses,timeframesetc.WealsounderstandtheneedtosummarizetheOpen,high,lo..3.TheChartTypesWeexplorethedifferentcharttypesusedintechnicalanalysisalongwithitsmeritsanddemerits.Specificallywediscussthecandlestickchartandwhytradersprefercandlesticksoverbarcharts...4.GettingStartedwithCandlesticksBasicconceptsonvariouscandlestickpatternsusedbytraderstomakedecisionsonthemarket.Wealsodiscussthebasicclassificationofcandlestickpatterns..5.SingleCandlestickpatterns(Part1)DetaileddescriptionontheBullishandBearishMarubozuwithrealexamplesfromIndianmarkets.ThechapterdiscusseshowtoidentifyandsetupatradebasedonMarubozu...6.SingleCandlestickpatterns(Part2)TheDojiandSpinningtopcandlestickpatternsexplainedindetailandhowthesepatternsplayakeyroleindevelopingaviewonmarkets...7.SingleCandlestickpatterns(Part3)Thischapterexploreshowtoidentifyhammerandhangingman.Weunderstandthethoughtprocessbehindthesepatternsandhowtosetuptradesbasedonthesepatterns...8.Multiplecandlestickpatterns(Part1)Inthischapterweunderstandhowtwoormorecandlestickscanbecombinedtoidentifytradingopportunities.Tobeginwithweunderstandthebullishandbearishengulfingpatternwithrealexamplesf..9.MultipleCandlestickPatterns(Part2)Continuingfromthepreviouschapter,wediscussthebullishharamiandthebearishharamipatternswithrealexamplestakenfromtheIndianmarkets...10.MultipleCandlestickPatterns(Part3)InthischapterwediscussaboutthepriceGaps,whichisacommonoccurrenceinthemarkets.Wethenexplorethemorningstarandtheeveningstarcandlestickformation...11.TheSupportandResistanceAdetailedinsightintoSupportandResist