Stock Charts For Dummies by Greg Schnell, Lita Epstein
Stock Charts For Dummies Greg Schnell, Lita Epstein ebook
From Penny Stocks For Dummies, 2nd Edition. And StockCharts.com offers other types of charts that show you how stocks inside specific indexes are doing. StockCharts.com lets you display charts that plot stock prices in such a way that it makes significant stock moves easier to spot. You also find a feature that lets you compare different securities to one another. At the top of the chart, you see a bunch of numbers and letters, namely 1d, 1w, 1m, 3m, 6m, 1y, and 2y. Note the chart at the bottom of the middle image. Price gaps can help determine your trading strategy. A price gap forms on a bar chart when the opening price of the current bar is above or below the closing price of the previous bar. They stand for 1 day, 1 week, 1 month, 3 months, 6 months, 1 year, and 2 years, respectively. Many excellent companies trade as penny stocks, and investing in those companies as they “ grow up” to become bigger stocks can be extremely lucrative. A moving average is the average price of a stock over a set period of time (which can range from 5 days to six months — or sometimes longer). In terms of stock price data, a favorite tool of the technical analyst is the moving average. By Michael Griffis, Lita Epstein. Gaps occur mostly on daily charts, sometimes on weekly charts, and rarely on intraday charts. It's considered a lagging indicator. Chart a course in the Stocks app.