10 votes

Support for 50 & 100 Moving Averages

Who is controlling the 50-days & 100-days chart to follow this pattern? Are they Fund Managers from various investment firms? No one "controls" these patterns - they are just reflective ...
  • 119k
5 votes

Support for 50 & 100 Moving Averages

I agree fully with D Stanley's answer but wanted to add one more thing: "An analyst said that the S&P had reached its 50-day low and if it does not go higher, it will reach its 100-day low.&...
2 votes
Accepted

How can one do their own algorithmic trading (does Robinhood and/or Webull provide a REST API)?

In order to do algorithmic trading one needs more than just access to a commercial app like Robinhood or Webull. Correct, while it may be possible (perhaps it violates their TOS) to algorithmically ...
2 votes

How can one do their own algorithmic trading (does Robinhood and/or Webull provide a REST API)?

At least one broker has an API: Interactive Brokers Use our modern REST API to trade, monitor and manage your IBKR account.
2 votes
Accepted

What is a 5 handle when talking about increases/decreases in price?

Per Investopedia: A handle is the whole number part of a price quote, that is, the portion of the quote to the left of the decimal point.
  • 29k
2 votes
Accepted

What could be the difference between "volume" and "number of trades" in stock market analysis software?

For stocks, volume is the number of shares traded. A trade can be (and almost always is) for multiple shares, and is usually a multiple of 100, which is why the volume is 2-3 digits more than the ...
  • 119k
2 votes
Accepted

The listing price of a stock

The listing price (a.k.a. IPO price) can be negotiated right up until the night before trading opens. The investment banks handling the IPO and the listing company negotiate both price and number of ...
2 votes

Support for 50 & 100 Moving Averages

No one directly controls these moving averages. Price is a function of supply and demand. Moving averages are just arbitrary lines drawn on a chart. In trending up markets like 2021, they work very ...
  • 74.5k
1 vote

How is the Simple Moving Average (SMA) calculated if some days have no trades?

A 10 "period' moving average involves the data for the last 10 periods of trading. It could be for any period of time (minute, hour, day, etc.). A market day when there is no trading is the same ...
  • 74.5k
1 vote

What is a price gap exactly? candle shadows does matter in this pattern or not?

Is it correct to think of this candle as a gap? Yes, because there is no specific definition. Is the move in the chart above significant enough to be a gap? What volume of trading counts as little? ...
  • 66.6k
1 vote
Accepted

How to calculate actual dollar values from the fibonacci extension on Trading View

Fibonacci Retracements are created by first examining the distance between two points. In your chart there is a line between 89.29 and 300.5. The distance is solved for by subtracting the beginning ...
  • 168

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