• About
  • Advertise
  • Privacy & Policy
  • Contact
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Review
  • Gaming
    5-Buchstaben-Wörter mit YFE darin – Wordle Clue

    5-Buchstaben-Wörter mit LI in der Mitte – Wordle Clue

    5-Buchstaben-Wörter mit YFE darin – Wordle Clue

    Mots de 5 lettres avec L au milieu – Wordle Clue

    5-Buchstaben-Wörter mit YFE darin – Wordle Clue

    Parole di 5 lettere che iniziano con U e finiscono con T – Wordle Clue

    Bugtopia-Codes (Februar 2023) – Testen Sie Hard Guides

    Bugtopia-Codes (Februar 2023) – Testen Sie Hard Guides

    Codes RPG Mushroom N Heroes (février 2023)

    Codes RPG Mushroom N Heroes (février 2023)

    Contexto 139 Risposta e suggerimenti (4 febbraio 2023)

    Contexto 139 Risposta e suggerimenti (4 febbraio 2023)

  • Gear

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers
  • Applications
  • Security
  • Write For US
No Result
View All Result
  • Home
  • Review
  • Gaming
    5-Buchstaben-Wörter mit YFE darin – Wordle Clue

    5-Buchstaben-Wörter mit LI in der Mitte – Wordle Clue

    5-Buchstaben-Wörter mit YFE darin – Wordle Clue

    Mots de 5 lettres avec L au milieu – Wordle Clue

    5-Buchstaben-Wörter mit YFE darin – Wordle Clue

    Parole di 5 lettere che iniziano con U e finiscono con T – Wordle Clue

    Bugtopia-Codes (Februar 2023) – Testen Sie Hard Guides

    Bugtopia-Codes (Februar 2023) – Testen Sie Hard Guides

    Codes RPG Mushroom N Heroes (février 2023)

    Codes RPG Mushroom N Heroes (février 2023)

    Contexto 139 Risposta e suggerimenti (4 febbraio 2023)

    Contexto 139 Risposta e suggerimenti (4 febbraio 2023)

  • Gear

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers
  • Applications
  • Security
  • Write For US
No Result
View All Result
Toptecheasy.com
No Result
View All Result

Use it to find your stock’s support and resistance levels

admin by admin
November 22, 2022
Home Business
Share on FacebookShare on Twitter

A stock is a trading and investment instrument that is representative of an underlying company. This sounds simple enough, but surprisingly it is too often misunderstood in a bear market. In other words, a stock is not the company. A company is an organization that operates on a daily basis to pursue growth and profit for its shareholders. A stock is a three or four letter symbol that demonstrably represents the performance or expected performance of the underlying company. While this logic holds in the long run, a stock’s price can become completely disconnected from the company’s performance over shorter periods of time. This explains why blockbuster companies are firing on all cylinders Pure Storage (NASDAQ: PSTG) beating earnings estimates and lifting guidance decline (-11%) or Lululemon (NASDAQ: LULU) down (-19%) or Abbott Labs (NYSE: ABT) have fallen (-21%) over the year. These solid companies are making record sales and profits, but you wouldn’t know it from their stock prices.



MarketBeat.com – MarketBeat

Market climate is important

A rising tide lifts all boats describes what happens to stocks in a rising bull market. The opposite is also true if a volatile ocean sinks all boats in a falling one bear market. Essentially, the same company performance in a bull market can have its shares trading at $50, while the shares are trading at $25 in a bear market. This is where the decoupling often occurs between a company’s operations and the stock price. That’s why it’s important to consider the background of the market environment when analyzing your stocks.

News is for companies as charts are for stocks

There are two forms of performance analysis research. The underlying company’s earnings, operating performance and news are analyzed as fundamental research. The company’s stock price is analyzed using charts as technical analysis. While we’ll cover the fundamental research in a future article, the technical analysis focuses solely on the stock’s price. This is tracked on a grid called a graph.

Candlestick Charts

Candlestick charts are one of the most commonly used types of charts to properly analyze stock prices. A candlestick represents a single period of time. For example, a single candlestick would represent one trading day on a daily chart. Each candlestick is formed using four pieces of information; open, close, high and low. The opening is the price of the first trade on the 9:30 am EST opening of the day. The close is the price of the last trade recorded at 4:00 PM EST. The highest is the highest price the stock trades during the day and the lowest is the lowest price the stock trades during the day. These four pieces of information are represented by the candlestick by plotting the open price and the closing price and connecting them and coloring the “body” green if the close is higher than the open and red if the close is lower than the open. The high and low lines above and below the body are called “wicks”.

Use it to find your stock's support and resistance levels

Simple Moving Averages

Every charting platform and online brokerage has these basic indicators called simple moving averages. A moving average is the running average of the number of specific periods on the timetable chart. For example, a simple moving average over 5 periods is the average price of 5 candlesticks, each representing a trading day. Each of these charts is connected to form a moving average line on the chart. A simple 5 period moving average (MA) and a simple 15 period moving average are used together to form two moving average lines. The shorter time period, the 5-period line, is the lead moving average and the longer period is the 15-period moving average. They both represent the support levels when a stock is uptrend making higher highs and higher lows. They both represent resistance when a stock is trending down and making lower lows and lower highs. The reason we use two moving average lines is not only to provide two levels of support and resistance, but also to determine a trend reversal when the 5-period MA crosses the 15-period MA. When the 5-period MA crosses the 15-period MA, a breakout causes an uptrend. When the 5-period MA crosses the 15-period MA, a breakdown causes a downtrend. A charting program provides the real-time values ​​for each moving average, which can then be used to determine support and resistance and trade accordingly. Moving averages are dynamic because they always update with each candle close by, while pivot points are static because the values ​​remain the same, represented by horizontal lines. A trader or investor can choose to use either the 5-period MA ahead or the 15-period MA for trailing stops, or the crossover of the 5-period MA through the trend reversals of the 15-period MA to stop from a position.

admin

admin

Next Post
What does Tim Hortons think your data is worth?  A coffee and donut, apparently?

What does Tim Hortons think your data is worth? A coffee and donut, apparently?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

The Untold Truth of Rachel Bonnetta

The Untold Truth of Rachel Bonnetta

August 13, 2022
Isayah Kembo Ekoko – All About Jires Kembo Ekoko Child

Isayah Kembo Ekoko – All About Jires Kembo Ekoko Child

August 19, 2022

Trending.

Helium Says Its Crypto Mesh Network Is Used By Lime And Salesforce — It’s Not

Helium Says Its Crypto Mesh Network Is Used By Lime And Salesforce — It’s Not

July 30, 2022
Kady’s Naked Truth About ‘The Magicians’

Kady’s Naked Truth About ‘The Magicians’

January 20, 2023
Jeff Wittek – Age, height, girlfriend

Jeff Wittek – Age, height, girlfriend

December 17, 2022
Roter oder weißer Anhänger im Sport Kreuzworträtsel-Frage

Blätter-Kreuzworträtsel-Frage – toptecheasy

January 25, 2023
Our data centers require a hard reset

Our data centers require a hard reset

January 16, 2023
Toptecheasy.com

We are the Simple News website that provide awareness & support to readers. If you find any news or article that belong's to you then contact us anytime, we will remove that things or give you best credit that help for your brand.

Follow Us

Categories

  • Business
  • Entertainment
  • Gaming
  • Startups
  • Technology

Recent News

5-Buchstaben-Wörter mit YFE darin – Wordle Clue

5-Buchstaben-Wörter mit LI in der Mitte – Wordle Clue

February 3, 2023
5-Buchstaben-Wörter mit YFE darin – Wordle Clue

Mots de 5 lettres avec L au milieu – Wordle Clue

February 3, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© Copyright Toptecheasy.com

No Result
View All Result
  • Review
  • Apple
  • Applications
  • Computers
  • Gaming
  • Gear
    • Audio
    • Camera
    • Smartphone
  • Microsoft
  • Photography
  • Security

© Copyright Toptecheasy.com