A technical indicator is a mathematical pattern derived from historical data used by technical traders or investors to predict future price trends and make trading decisions
- : A technical indicator is a mathematical pattern derived from historical data used by technical traders or investors to predict future price trends and make trading decisions
- : Moving Average are used technical indicators in the financial markets. In simple word, a moving average is an indicator that shows the average value of a stock's price over a period and is usually plotted along with the closing price
- : Relative Strength Index or RSI is a momentum indicator that compares the average price change of the advancing periods with the average change of the declining periodsThe RSI can also be used to identify the overbought/oversold levels in a counter, the RSI value above 70 as ‘overbought zone’ and below 30 as ‘oversold zone’
- : The golden ratio describes predictable patterns on everything from atoms to huge stars in the sky. The ratio is derived from something called the Fibonacci sequence
- : Fibonacci retracements use horizontal lines to indicate areas of support or resistance. The idea is to go long (or buy) on a retracement at a Fibonacci support level when the market is trending up, and to go short (or sell) on a retracement at a Fibonacci resistance level when the market is trending down.