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Technical Analysis & Chart Patterns

3 terms


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Technical Analysis & Chart Patterns

Gap

A discontinuity on a chart where a period's entire range lies away from the previous period's range, with no trading in between.

Gap % = (Current Open - Previous Close) / Previous Close x 100 %
Technical Analysis & Chart Patterns

Gap Down

An opening price below the previous period's low, leaving an unfilled space on the chart.

Test: Current Open < Previous Low %
Technical Analysis & Chart Patterns

Gap Up

An opening price above the previous period's high, leaving an unfilled space on the chart.

Test: Current Open > Previous High %