Search results
Results From The WOW.Com Content Network
Triangles within technical analysis are chart patterns commonly found in the price charts of financially traded assets (stocks, bonds, futures, etc.). The pattern derives its name from the fact that it is characterized by a contraction in price range and converging trend lines, thus giving it a triangular shape.
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
A price channel is a pair of parallel trend lines that form a chart pattern for a stock or commodity. [1] Channels may be horizontal, ascending or descending. When prices pass through and stay through a trendline representing support or resistance , the trend is said to be broken and there is a "breakout".
Triangle (chart pattern) Triple top and triple bottom; W. Wedge pattern This page was last edited on 7 October 2010, at 15:06 (UTC). Text is available under the ...
The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets (stocks, bonds, futures, etc.). [1] The patterns are characterized by a clear direction of the price trend , followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. [ 2 ]
The aspects of a candlestick pattern. A candlestick chart (also called Japanese candlestick chart or K-line [7]) is a style of financial chart used to describe price movements of a security, derivative, or currency. Stock price prediction based on K-line patterns is the essence of candlestick technical analysis.
For comparison, the median sale price in the Triangle stands at $416,000 in July — down 1% year-over-year, according to the latest data from Triangle MLS (TMLS).
Also in common usage are two methods of obtaining price targets from point and figure charts. [citation needed] The vertical method measures the length of the thrust off a high or low and projects the thrust to obtain a target. The horizontal method measures the width of a congestion pattern and uses that to obtain a target.