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Technical analysis

Black Monday and Crash of 1987: Chart & Learnings

In October 1987, stock markets were booming and enjoying a bull run of five years. The stock market crash of 1987 was so much catastrophic that it caused Dow Jones’s 1987 chart to fell all of a sudden. The Dow chart 1987 faced the worst fall of history by 22.6%. The S&P 500 fell by […]

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Technical analysis

What is Technical Analysis? How does it work?

Technical analysis is a systematic way of analyzing and studying financial markets to make informed trading decisions. Technical analysis has been in practice for centuries, however, it has become extremely popular in the 21st century. Nowadays, data science and tools have become more advanced. Today, it is the age of the internet and more people […]

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Technical analysis

Do Professional Traders Use Technical Analysis?

Technical analysis is one of the two major analytical techniques to analyze financial markets. The second one is fundamental analysis. Fundamental analysis focuses on figuring out the true value of stocks. On the other hand, technical analysis focuses on identifying patterns on a chart to predict future price movements. Do Professional traders use technical analysis? Professional […]

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Technical analysis

Does technical analysis work? Truth Unveiled!

People offer wonder, is technical analysis useful or is technical analysis useless. They also brood over another question that, “can technical analysis beat the market?”. Does technical analysis work? Can we answer those questions as “yes” or “no?” Let us not make hasty decisions and discuss this in detail. After reading this detailed article, you […]

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Technical analysis

How To Read Stock Charts? The Definitive Guide

Charts depict price evolution over a specific period of time. It can be drawn in many ways (line, candlestick, …) It can show different timeframe (price every 1 hour, 1 day, 1 week, …) To succeed in today’s financial world, the right knowledge and right skills are imperative. Similarly, knowledge of stock charts and the […]

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Trend indicators

Stoller Average Range Channels (STARC) Bands

The Stoller Average Range Channels (STARC) Bands helps traders know when to buy and sell. When market is in uptrend, the STARC bands suggest to buy near the lower band and selling near the upper band. When market is in downtrend, the STARC bands suggest the opposite. The Stoller Average Range Channels (STARC) Bands is […]

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Trend indicators

Rainbow Oscillator indicator: How to trade it?

The Rainbow Oscillator is a trend following indicator. It uses multiple moving averages to hint for trend reversal. The Rainbow Oscillator indicator helps to predict the changes in the market trend and to follow trends. It offers only two possible states, the upward and the downward. Mel Widner developed the Rainbow Oscillator and published it […]

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Volume indicators

Negative Volume Index indicator: What is it?

The Negative Volume Index (NVI) indicator shows how down volume days impact price. It aims at reflecting the mindset of the smart money professionals. Paul Dysart invented the Negative Volume Index (NVI) indicator. It watches the trade volume and Paul considered trade volume the most important market indicator. The NVI indicator highlights the days and […]

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Trend indicators

Detrended Price Oscillator indicator

The Detrended Price Oscillator (DPO) helps to eliminate the long-term trends in prices. To do so, it measures distance between extreme highs and lows. Gerald Appel developed the Detrended Price Oscillator (DPO). It is a technical analysis tool that helps to eliminate the long-term trends in prices. The DPO employs a displaced moving average for […]

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Indicators

Pivot Point High/Low Indicator: Definitive Guide

The Pivot Point (High/Low) indicator is a technical analysis tool that helps to anticipate potential reversals of prices in the market. It charts on the market extreme points (highs and lows). The Pivot Point (High/Low) indicator is a technical analysis tool that helps to anticipate potential reversals of prices in the market. It is also […]