Questions tagged [technical-analysis]

For questions relating to technical analysis, the practice of evaluating securities by analyzing statistics and patterns generated by market activity, such as past prices and volume.

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14 views

Draw Gann Fan in TradingView

I want to draw Gann Fan on trading view. I know that I must draw a trendline with 45 degrees. I use trend angle for that purpose. If I resize the chart 45 degress should be change. Should I block the ...
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1answer
106 views

What do the green and red bars show in this Yahoo Chart and it's impact on stock price?

What does these green and red bars show in this Yahoo Chart for AAPL? Please see the first yellow highlighted bars. There is a large green tic up and then smaller red ticks next to that. It happened ...
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2answers
116 views

What do SUPPORT, RESISTANCE and STOP LOSS mean?

The following is a chart from Yahoo for UAL. What do you mean by Support, Resistance and Stop Loss in this graph?
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1answer
79 views

BUY and HOLD rating for a stock [closed]

The following is the rating for the Walmart stock. One is a BUY rating targeting $149.28 in the next 12 months. The other is HOLD. Both S&P and Walmart are at it's all time high at this time, ...
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3answers
133 views

Price range for a stock for the next few days or weeks or months

I'm trying to understand how the price chart of a stock can be used to speculate on the price range in the coming weeks, months or years. Looking at the price of a stock like UBER, there is a pattern ...
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9answers
16k views

Is it true that, “just ten trading days represent 63 per cent of the returns of the past 50 years”?

I have fallen down a Wikipedia rabbit hole and landed on the page titled Seven States of Randomness. I can't explain in a single sentence what it is talking about, but my question is about an odd ...
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1answer
89 views

Drawing the neckline for a Head and Shoulders pattern

Neck line for Head and shoulders pattern The book Technical Analysis of the Financial Markets explains how to draw a neckline for H&S pattern. In the diagram, a flatter trend line can be drawn ...
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2answers
115 views

What is C.O.T movement index and how do I calculate it?

I just read the The Commitments of Traders Bible: How To Profit from Insider Market Intelligence by Stephen E. Briese. It was great and introduced me to the C.O.T index and how to calculate it but ...
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1answer
31 views

UK FTSE Sector Indicies Data [closed]

I am trying to find an on source of FTSE ICB indicies from which I can download historical and current data from. for example I can view the current value of such indices here but I want to also ...
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2answers
298 views

Does anyone know of to calculate the GTI VERA Convergence and Divergence Indicator?

I came across this indicator - GTI VERA Convergence and Divergence Indicator through this URL - https://drive.google.com/file/d/0BwVl6o45dytEX0h5Ml9HQTNvT1k/view I can't seem to find how this is ...
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2answers
354 views

What does the simple MA(Oscillator) do in MACD?

I'm currently trying to improve my technical analysis skills using TradingView. While playing around with the MACD oscillator I noticed that there is a Simple MA(Oscillator) option. As seen below: I ...
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1answer
101 views

How does technical analysis account for macroeconomic data?

Does technical analysis account for macroeconomic data and debt within a financial system, and if so, how?
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1answer
59 views

Indicator for Market deviation of a range

Is there an indicator that would allow me to monitor surges or drops of an asset's price compared to the usual range it has traded in over a period of time? I'm building a script so i'm trying to ...
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1answer
69 views

Relation between price and “buying shares count per trader vs. selling shares count per trader”

Suppose in a stock market we can access the information of buying/selling density per trader/account. For example during a trading session, V number of shares (i.e. volume) is traded by B number of ...
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1answer
201 views

MACD indicators calculator

I would like to calculate MACD (moving average convergence/divergence) based on 12 period Fast MA, a 26 period Slow MA and a 9 period Signal for 5 minutes bars. Should I provide only the last 12 ...
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1answer
2k views

Jesse Livermore pivotal points (US Steel example)

I reproduced table charts for US Steel from controversial Jesse Livermore's book How to Trade in Stocks in a line chart form (see pages from 58 as appeared on PDF) in an attempt to understand rules ...
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1answer
308 views

Flat lines in candlestick charts

I'm creating software that will perform technical analysis on stock data. I'm using single day sessions. I've noticed data where the open, close, high, and low prices are the same. When I pull these ...
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2answers
136 views

Definition of point

Jesse Livermore came out with a set of rules in his book "How To Trade In Stocks" in 1940. One of the rules is that price of particular asset should deviate by 6 points from the last pivotal point in ...
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2answers
308 views

Meaning of IV for a strike

As I understand it, IV is defined as an annualized 1 standard deviation range for an underlying. So what is the meaning of implied volatility for a strike? The IV on each strike is calculated by ...
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1answer
347 views

Yahoo Intraday RSI Calculation?

I'm trying to understand how Yahoo finance calculates the RSI intraday, what is the time frame, how many items in calculation, what is the price used, etc. I did not find any documentation or posts ...
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4answers
5k views

S&P 500 Prediction

What technical tools can I use to help predict whether the S&P 500 will rise or fall tomorrow? (Assuming no major events occur)
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2answers
89 views

Day to day price movements [closed]

Are day to day price movements for a stock driven mainly by the market movement or stock specific resistance, support etc.?
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0answers
107 views

How are candlestick dojis defined technically?

I´m trying to programmatically analyse candle stick pattern: I have historical OCHL data that I want to perform an automated analysis on, via b4j which is a programming language. The thing is that I ...
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1answer
673 views

What is the OHLC of a candle when there are no trades

I hope I'm asking this in the right place. Couldn't find any definitive info anywhere. When creating a candle / time series / bucket, is the open of the series the first price in that series and not ...
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1answer
138 views

Can a Trend be defined?

In the price chart of a stock, commodity or FX, can an uptrend and a downtrend be defined? Can these definitions help someone to thus determine the start and end of a trend without any ambiguity or ...
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2answers
182 views

What kind of activity do the long candle-lines on candlestick charts correspond to?

The image at the bottom shows the price of a particular stock earlier today on a red/green candlestick chart. Some of the candle bodies have thin lines ,circled in red, sticking up (circled on one ...
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1answer
72 views

Rating a candlestick between a range of bullish to bearish

Is there a method to rate a candlestick on a score of bearish to bullish maybe like on a range of 0 to 100? like a bullish marubozu would get a 90-100 whereas a bearish one would get a 0-10 and doji ...
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1answer
173 views

RSI formula doubts

HI'm trying to understand how RSI calculation works. I've found here a nice and easy method and I recently also found this article, which states: "RSI like many other oscillators is defaulted to a 14 ...
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1answer
676 views

Parabolic sar calculation

I'm trying to code a the parabolic sar algorithm and am stuck on a few things: Rising SAR ---------- Prior SAR: The SAR value for the previous period. Extreme Point (EP): The highest high of the ...
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1answer
2k views

TOS: Candlestick vs Candlestick trend

Working with ThinkOrSwim (TOS) platform, I am trying to understand the differences between candlestick styles. Specifically "Candlestick" (C) vs "Candlestick trend" (CT). Pink: Why does a C.green ...
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11answers
11k views

Is this the proof that Technical Analysis does not work?

If Technical Analysis is working, why is not possible to program a bot to do it automatically? The bot will be much faster than any human, will not make any numeric error, will not fail due emotions, ...
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1answer
133 views

Is Common Trading Done? Robots to Rule Them All? [closed]

I'm a computer programmer and I've been processing the SEC filings. I've been building models and trying to automate building them out. However, I can not be the only one doing this. As it turns out, ...
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1answer
323 views

Help a beginner understand differences in candlestick charts

I have been researching how to read candlestick charts and I'm getting the basics of it, however there is one thing that I just don't understand. I have been watching 1 stock using both Yahoo Finance ...
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1answer
87 views

Can I rely on indicators like MACD if it uses my own dataset?

I'm playing around with algo-trading and started collecting candle data on my own. So far I have about 3500 candles on a single cryptocurrency. While playing with MACD, I noticed that the indicators' ...
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7answers
8k views

Paradox - When to buy & when to sell a share?

Warren Buffet says buy when everyone is selling and sell when everyone is buying. Taking into consideration the support and resistance levels, everyone is selling near the resistance level and ...
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1answer
68 views

Possible interpretation for an up trend price chart in regards to its EMA(25) indicator

I'm a newbie in regards to trading, price charts, indicators and such. I'm not even sure all the terminology I'm using it's correct, since English it's not my native language, so please go easy on me :...
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4answers
719 views

Relevance of indicators like RSI for long-term investing

How relevant are indicators like RSI and CCI for investing in stocks when not focusing on day- or short-term trading?
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2answers
73 views

Create a candlestick chart from past transactions

I have been logging the buy/sell transactions for bitcoin on a specific exchange and I'd like to create a candlestick chart from it. Instinctively, I think I should decide on an time interval and ...
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3answers
837 views

How does the Bloomberg website chart calculate the “Rate of Change”?

This is a follow-up to the question: How does the bloomberg website chart calculate the MACD? When selecting a quote in the Bloomberg Market site (e.g. this quote), you are given the choice to add ...
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1answer
562 views

Static and Dynamic, Major/Minor Support and Resistance in Stock Trading/Investing

I was reading a short article the article is here. The author talks about Static and Dynamic support and resistance. While I understand the concept of support and resistance (also to an extent major ...
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1answer
143 views

Shares - Query about RSI (Relative Strength Index)

I often look at different bits and pieces of information for shares, and I know that a common indicator is the RSI (Relative Strength Index), where I believe it's considered overbought when it goes ...
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1answer
278 views

I can't understand candlestick shadows

I've spent the entire day trying to learn how to read stock index charts, and as much as I read, I can't understand the concept of candlestick shadows. According to everything I read, the upper and ...
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3answers
568 views

CandleStickChart: How to understand the timestamp of a candlestick

I'm in the process of learning to read candlestick charts. Many websites using candlesticks will display a single timestamp if you hover the mouse over a candle. Since a candle is a visualisation of ...
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1answer
275 views

How does the bloomberg website chart calculate the MACD?

I am looking at SeekingAlpha and Bloomberg. On SeekingAlpha, I have added the MACD indicator, and get the following chart for 1 Month data: On the Bloomberg website, I change the time length to 1-...
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1answer
170 views

How is Shooting Star treated when a stock is in uptrend

So I've started learning Candlesticks and I stumbled on Inverted Hammer i.e. shooting star. I was wondering what would I do with it when it appears in a uptrend stock.
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1answer
297 views

Calculating slope of series of points [closed]

I have a series of prices plotted against time. I'm trying to determine the slope of the line whereby all the prices fall below this slope but at least two prices need to be touching the slope. Im not ...
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1answer
111 views

What is a “Triangle” and how do you calculate it?

So while looking at LiteCoin graphs that "analyst" (used loosely because I don't know their creds) put together, I saw this and I was curious how to come to this conclusion. (taken from here https://...
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1answer
2k views

What is the 'period' defined as for trading indicators?

I see SMA5, SMA50, EMA13 etc.. but it's not obvious what the "period" over which these averages are taken. If I have a graph showing last 24 hours of data and select SMA20, does it average the last ...
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1answer
491 views

Calculating weekly simple moving average

I'm familiar with calculating multi day moving averages (i.e. 20/50/200 etc). However in regards to calculating weekly moving averages, I'm not 100% entirely sure. To calculate say a 30-weekly moving ...
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1answer
171 views

Understanding about Williams' Alligator Indicator?

I recently discovered that Williams' Alligator indicator can be used to identify current stock trend. But there's something that make me curious: Can that indicator only be used for short-term trades?...