Technical analysis II
Introduction|
Course|
Q&As |
Recommended reading|
Quiz |
Introduction
Context
Our first technical analysis course explained how to draw price and volume charts for shares and showed how to use channels, trend lines, and support & resistance points as indicators of future price movements.
This course builds on that foundation. It covers two of the major tools of technical analysis: moving averages and reversal patterns, and it shows how they help you to anticipate price movement in the market.
Prior knowledge required
This course is written for people who have no previous knowledge of technical analysis. You may find it easier, however, if you take Technical Analysis I first.
Contents
- Average share prices
- Moving averages
- Weighted moving averages
- Where to plot moving averages
- Interpreting moving averages - the basics
- Classic interpretation of moving averages
- Combining short and long term moving averages
- Moving average convergence/divergence (MACD)
- Reversal patterns
- Head and shoulders top
- Head and shoulders bottom
- Double top
- Double bottom
- Rounding tops and bottoms
- Broadening formations
- Wedge formations
- The momentum indicator
- The momentum oscillator
- Rate of change indicator
- Price minus average
- Relative strength indicator
- Conclusion
