technical analysis

Technical Analysis is the study of price action of the market itself rather than the economic factors that contribute to it. Technical analysts believe that human behavior is the principle driver behind change in financial markets and that this behavior produces trends and repeating patterns that are predictive to the trained eye.

The first recorded history of a trader using technical analysis was Sokyo Honma, a rice trader in eighteenth century Japan. Charles Dow is the recognized father of modern technical analysis based on a series of editorials he wrote for The Wall street Journal between 1897 and 1902.

The most authoritative text on technical analysis is Technical Analysis of Stock Trends(1948) by Robert Edwards and John Magee. The most comprehensive text is Technical Analysis (2007) by Charles Kirkpatrick and Julie Dahlquist. The premiere organization dedicated to the advancement of technical analysis and credentialing of practitioners is the Market Technicians Association (MTA.org).

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Latest blogosphere posts tagged “technical analysis”

• GBPUSD broke below 1.6040 support

  
  MoneyTec 2.0 Social Networking Community - Random Videos — Authority: 155
  GBPUSD broke below 1.6040 support, suggesting that a short term cycle top has been formed at 1.6238 level on 4-hour chart. Now the fall from 1.6238 could possibly be resumption of downtrend from 1.6875 (Nov 16 high). Deeper decline towards 1.5708 (Oct 13 low) is now in favor. Key resistance is now located at 1.6238, ...
  2 hours ago

• Commercial Real Estate ETFs: Gravity-Defying Opportunity Or Falling Knife?

  
  ETF Expert — Authority: 432
  Ask 10 ”in-the-know” people about the future of commerical real estate and you will get 10 different answers. Some believe that illiquid commercial mortgage-backed securities (CMBS) fill the back-room books of regional banks. Others believe that a recovering economy will boost rental...
  6 hours ago

• Top Takes From RealMoney

  
  TheStreet.com — Authority: 479
  Heres what some of our market pros are saying and playing.
  8 hours ago

• ACI - Arch Coal - Long Term Stock Chart

  
  Pattern Spy — Authority: 132
  Trend lines and support & resistance levels on long term, technical analysis chart of ACI stock (Arch Coal, Inc. - NYSE:ACI) since 1988: ACI - Arch Coal - Long term stock chart, 1988 - 2010
  9 hours ago

• United Airlines Sees Flat Traffic in December

  
  BloggingStocks — Authority: 656
  Filed under: UAL Corp (UAUA) Monday, United Airlines ( UAUA ) announced that its December traffic matched last years traffic, but that planes were more crowded. Confused? UAUA had fewer flights this year compared to a year ago, so matching traffic from last year meant that the planes had more passengers . The ...
  12 hours ago

• UN - Unilever - Long Term Chart

  
  Pattern Spy — Authority: 132
  Trend lines and support & resistance levels on long term, monthly chart of Unilever N.V. ADR (NYSE:UN) since 1996: UN - Unilever - Long term chart, monthly, since 1996
  16 hours ago

• Technical analysis 5/01/10 of FXCBS

  
  MoneyTec 2.0 Social Networking Community - Random Videos — Authority: 155
  This is technical daily and provided by specialists and analysts from FXCBS Tuesday January 5 , 2010 Previous session overview The euro dollar pair is consolidating between 1.44840 and 1.44050 recording a high of 1.44841 and a low of 1.44050. Regarding the pound dollar pair, it fell slightly to record a low ...
  16 hours ago

• Currency News – Tuesday, 05 January 2010

  
  Forex Market Tips and Analysis — Authority: 126
  Economic News USD – Dollar Starts the New Year Down The U.S. dollar fell during the first day of trading in the new decade after the release of manufacturing data from the U.S. Institute of Supply Management. This shows the manufacturing sector grew during the month of December for the fifth consecutive month, ...
  17 hours ago

• EURGBP & EURUSD Bullishness Strongly Supported

  
  Forex Trading Education : Forex Trading Blog by FOREXYARD — Authority: 142
  In support of one of my previous articles, which said the USD is facing a downward correction; this article is intended to show how the Euro is in fact positioning itself for an upward movement in the days ahead, and that the EURGBP pair may be one of the primary beneficiaries of this movement.Below are [...]
  18 hours ago

• Crude Oil Hits $81 Level

  
  Forex Trading Education : Forex Trading Blog by FOREXYARD — Authority: 142
  Crude oil rose above$81 a barrel on Tuesday as the dollar weakened, prompting investors to once again buy into commodities. However, as I will demonstrate below, Crude Oil may very well be heading for a reversal later today. Forex traders involved with commodities like this can take advantage of this knowledge by ...
  18 hours ago

• Good Day And No Reason To Doubt This Up Market

  
  Stock Rake - Index trading, etf trading, and finding new swing trade opportunities — Authority: 122
  I’m not seeing anything to doubt the upness of this market. Today was nice as I got paid for buying the Jan 30,31 MS calls. I talked about this pattern that was setting up in C and mentioned the same pattern was in MS. I sold half my positions in both Jan 30 and Jan 31s. I remained long the indexes at the ...
  23 hours ago

• USDJPY remains in uptrend from 87.37

  
  MoneyTec 2.0 Social Networking Community - Random Videos — Authority: 155
  USDJPY remains in uptrend from 87.37 and the fall from 93.21 is more likely consolidation of uptrend. Support is at 91.90 followed by the rising trend line from 87.37 to 88.97. As long as the trend line support holds, we’d expect uptrend to resume and one more rise towards 94.00 is still possible. However, a clear ...
  1 day ago

• Prism Cement

  
  Dead Presidents! - India Equity Research — Authority: 159
  We recommend a buy in Prism Cement from a short-term perspective. It is evident from the charts that after retracing 50 per cent of the stocks up move (from October 2008 low to September 2009 high), the stock found support at around Rs 36 in early November 2009. Subsequently, the stock resumed its longer-term uptrend. ...
  1 day ago

• ANNI Standard 3.33.1

  
  Engineering Where Your EyE See — Authority: 163
  ANNI software was designed to will allows you to make better trading decisions by combining technical analysis, fundamental analysis and advanced neural network technologies all in one, easy to use package . ANNI comes with full Portfolio Management capabilities allowing you to do all your ...
  1 day ago

• Record Bullish Ratio

  
  The Big Picture — Authority: 674
  Who said the small investor isn’t optimistic about stocks? The American Association of Individual Investors (AAII) Bullish Ratio [Bulls / (Bulls + Bears)] hits its highest level since February 2007. If you take this together with the fact that the Investors Intelligence (II) Bull/Bear Ratio has also hit its ...
  1 day ago

• DRN - Real Estate Bull 3X ETF - Technical Analysis Chart

  
  Pattern Spy — Authority: 132
  Trend lines and support & resistance levels on technical analysis chart of triple real estate ETF DRN (Direxion Daily Real Estate Bull 3X Shares - NYSE:DRN) DRN - Direxion Daily Real Estate Bull 3X Shares - daily chart
  1 day ago

• Bond-Fund Flows at an All-Time Peak

  
  The Big Picture — Authority: 674
  Here is something from Henry H. McVey, who heads Morgan Stanley’s Global Macro and Asset Allocation. Before the year ended, he penned a long Investmentfocus piece titled “Managing Risk: Back to Basics.” I found this chart very informative: > Bond-fund flows at an all-time peak click for larger graph ...
  1 day ago

• Rite Aid Confesses to Seventh Straight Month of Slipping Sales

  
  BloggingStocks — Authority: 656
  Filed under: Options , Technical Analysis , Rite Aid Corp (RAD) Drugstore chain Rite Aid ( RAD ) reported Monday that its same-store sales fell 1.8% in December, marking the seventh consecutive month of declines. Same-store front-end sales dropped 2.3% for the period ended Dec. 26, while pharmacy sales ...
  1 day ago

• Stocks, Gold, Oil, Gas: A Short-Term Chart View

  
  TheStreet.com — Authority: 479
  This year I plan to concentrate on 60-minute trading charts to scalp the market with low-risk, quick-reward setups.
  1 day ago

• EUR/NOK Downtrend Might be Near the End

  
  Forex Trading Education : Forex Trading Blog by FOREXYARD — Authority: 142
  • The Chart below is the 4-hour chart for EUR/NOK by ForexYard.• The technical indicators used are the Slow Stochastic, Relative Strength Index (RSI) and Williams Percent Range.• Point 1: The Slow Stochastic indicates a bullish cross, signaling that the next move may be in an upward direction.• Point 2: The ...
  1 day ago

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