Techinal Analysis Flashcards
Relative strength Chart are used for what type of analysis?
Intermarket
Momentum indicators (stochastic oscillators and MACD oscillators are used to analyze what type of market
Individuals markets
Line chart has just one:
Data point per time interval
(Price on Y axis)
Bolliger bands are drawn by:
Std Dev of recent price changes
(Moving + std deviations)
Downtrend is draw connecting:
Highs of the price charts
Change in polarity means:
Once a resistance is breached, it becomes a support level
If a security is not trending, it is a:
Consolidation
Once a support level is breached, it becomes:
A level of a resistance
Head and shoulders target price formula
Target = Neckline + ( Neckline - head)
Head and shoulder pattern indicates:
What is highest area of trading in a upward tendency?
Reversal pattern alert
The left shoulder
Drawbacks (desvantagens) os tech analysis
- Identify changes in trends only after a fact
Continuation Pattern example:
Triangles
Reversal pattern
Double bottom
Death cross happens when:
Short term moving avarege crosses below the long term
Intermarket analysis is a combination of….to…
Combinations of majors categories of securities, industries, bmks
To
Find possible inflections points