Tag Archives: moving average

TSX Index holding above the 50-day moving average

Major trend is up, intermediate trend is up and near-term trend is up for the TSX Index

Weekly chart for the TSX Index with the moving averages.

Reference the last chart analysis for the TSX Index showing the percent of stocks above the 50-day moving average.

Market News: TSX falls; BlackBerry jumps to 1-year high on arbitration win

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“Technical Analysis is about putting the probabilities on your side.”

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

Putting the near-term uptrend for natural gas in perspective

Major downtrend and intermediate downtrend for natural gas. Near-term uptrend will meet heavy resistance at the 40-week moving average. A break above this average would indicate a test at $2.50. Natural gas has a long way to go before it is out of the woods.

Major downtrend and intermediate downtrend for natural gas. Natural gas will meet heavy resistance at the 40-week moving average. A break above this average would indicate a test at $2.25. Natural gas has a long way to go before it is out of the woods.

http://www.eia.gov/naturalgas/

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Oil trading above 200-day simple moving average

Near-term uptrend: WTI above 200-day sma for the first time since 2014
West Texas Intermediate trading above the 200-day simple moving average for the first time since 2014.

WTI 3-Year Chart

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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WD-40 (WDFC) long-term chart

I published the long-term chart for WD-40 as an example of identifying the major uptrend and riding the trend. A simple strategy of staying in the trade above the 40-week simple moving average was a simple winning strategy: enter above 40-week sma and exit below 40-week sma. The consumer staples sector was a winning sector over the past 6 years.

Long-term chart for WD-40  showing the major uptrend.

WD-40 Long-Term Chart (2004-2016)

http://investor.wd40company.com/overview/default.aspx

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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S&P 500 closed today below 1950 and 50-day sma

S&P 500 5-Month Daily Chart showing the close below the 50-day sma

S&P 500 5-Month Daily Chart

Reference the Feb 17, 2016 post: Dead cat bounce? S&P 500 will test resistance at 1950

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Barrick Gold (ABX) 3-year weekly chart

Breakout for Barrick Gold
Barrick Gold 3-year chart showing the breakout above the 200-day moving average which is also a good approximation of the trendline.

Barrick Gold (ABX) 3-Year Chart US$

Barrick Gold 3-year chart showing the breakout above the 200-day moving average which is also a good approximation of the trendline.

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Percentage of stocks above 200-day moving average

What is your interpretation of this chart?

Percentage of stocks for TSX and S&P 500 above the 200 day simple moving average.

Reference the last chart analysis for the TSX Index.

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

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