Charting terms and indicators

Widely-known technical analysis concepts include:

• Accumulation/distribution index based on the close within the day's range
• Average true range - averaged daily trading range
• Bollinger bands - a range of price volatility
• Breakout - when a price passes through and stays above an area of support or resistance
• Commodity Channel Index - identifies cyclical trends
• Coppock - Edwin Coppock developed the Coppock Indicator with one sole purpose: to identify the commencement of bull markets
• Elliott wave principle and the golden ratio to calculate successive price movements and retracements
• Hikkake Pattern - pattern for identifying reversals and continuations
• MACD - moving average convergence/divergence
• Momentum - the rate of price change
• Money Flow - the amount of stock traded on days the price went up
• Moving average - lags behind the price action
• On-balance volume - the momentum of buying and selling stocks
• PAC charts - two-dimensional method for charting volume by price level
• Parabolic SAR - Wilder's trailing stop based on prices tending to stay within a parabolic curve during a strong trend
• Pivot point - derived by calculating the numerical average of a particular currency's or stock's high, low and closing prices
• Point and figure charts - charts based on price without time
• Profitability - measure to compare performances of different trading systems or different investments within one system
• Relative Strength Index (RSI) - oscillator showing price strength
• Resistance - an area that brings on increased selling
• Rahul Mohindar Oscillator - a trend indentifying indicator
• Stochastic oscillator, close position within recent trading range
• Support - an area that brings on increased buying
• Trend line - a sloping line of support or resistance
• Trix - an oscillator showing the slope of a triple-smoothed exponential moving average, developed in the 1980s by Jack Hutson