Home Wikituition Browse all terms Categories
Random term

Technical Analysis & Chart Patterns

8 terms

A–Z
All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Filtering by: Technical Analysis & Chart Patterns Starts with T Clear all
Technical Analysis & Chart Patterns

Technical Analysis

The study of past price and volume data in order to describe market behaviour and frame trading decisions.

Test: the conclusion is drawn from price, volume and derived series alone, without reference to the issuer's financial statements qualitative Technical Analysis & Chart Patterns

Three Black Crows

Three consecutive falling candles with substantial bodies, each opening within the previous body and closing near its own low.

Test: three consecutive candles with Close < Open, each Open inside the previous body, each Close near its own Low qualitative Technical Analysis & Chart Patterns

Three White Soldiers

Three consecutive rising candles with substantial bodies, each opening within the previous body and closing near its own high.

Test: three consecutive candles with Close > Open, each Open inside the previous body, each Close near its own High qualitative Technical Analysis & Chart Patterns

Trend

A sustained directional tendency in price, described as up, down or sideways over a stated timeframe.

Uptrend: successively higher highs and higher lows; Downtrend: successively lower highs and lower lows qualitative Technical Analysis & Chart Patterns

Trend Following

A rules-based approach that enters in the direction of an established price move and exits when that move ends.

Test: entry and exit are determined by a stated trend rule, with no forecast of turning points and no valuation input qualitative Technical Analysis & Chart Patterns

Trendline

A straight line drawn to connect successive swing lows in a rise or successive swing highs in a fall.

Test: the line touches at least two swing points and is confirmed by a third touch without being violated between them qualitative Technical Analysis & Chart Patterns

Triple Bottom

Three troughs at approximately the same price level separated by two peaks.

Test: three lows within a small percentage of each other, with the highest intervening peak acting as the completion level qualitative Technical Analysis & Chart Patterns

Triple Top

Three peaks at approximately the same price level separated by two troughs.

Test: three highs within a small percentage of each other, with the lowest intervening trough acting as the completion level qualitative