Technical Analysis

Is Technical Analysis a Self Fulfilling Prophecy?

A self-fulfilling prophecy is a process where an original expectation creates the conditions of its own reality. With a self-fulfilling prophecy expectations and behaviors about a future event cause the result that confirm the original prediction. Some speculate that the reason that price support levels and price resistance levels have meaning is because people believe …

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CCI Indicator

What is the CCI Indicator?

The CCI indicator (commodity channel index) is an oscillator originally created in 1980 by Donald Lambert . He developed CCI originally to identify and quantify cyclical moves in commodity charts, but this technical indicator has also been used on stock indexes, exchange traded funds, stocks and charts of other markets. It can be used as …

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Moving Average Ribbon Signals

New Technical Indicator: Steve Burns Moving Averages Ribbon

The Steve Burns Ribbon technical indicator is a new tool for the technical analysis of stock trends by combining key moving averages. The MA Ribbon by Steve Burns is currently available on the TrendSpider.com charting platform and can be searched in indicators and loaded onto charts.  The moving averages in the Steve Burns Ribbon can …

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technical indicators cheat sheet

Introduction to Technical Indicators and Oscillators

Technical analysis indicators derive their readings by applying a formula to a series of price data on a chart. The historical price data used can include samples of the opening price as well as the high and low or closing price over a specified time period. Different technical indicators will use different types of price …

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McClellan Oscillator

What is the McClellan Oscillator?

The McClellan oscillator is a market breadth technical indicator used by traders to analyze the New York Stock Exchange listings balance between the advancing and declining stocks over time. The McClellan oscillator quantifies the Advance-Decline Data on a stock market exchange, it could also be used on stock indexes, portfolio holdings, or any watchlist of …

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