Chart Analysis

Chart Analysis

This section describes the various kinds of financial charts that we provide here at There are articles that describe how the charts are constructed and how they can be used to make better investing decisions.

The Fundamentals

  • What Are Charts? What charts are, how to pick timeframes, how charts are formed, and price scaling
  • Support and Resistance What support and resistance are, where they are established, and methods used
  • Trend Lines What trend lines are, scale settings, validation, angles, and more
  • Gaps and Gap Analysis A gap is an area on a price chart in which there were no trades. Gaps show that something important has happened to the fundamentals of or the mass psychology surrounding a stock
  • Introduction to Chart Patterns A brief review of what chart patterns are, and how to recognize them
  • Chart Patterns A collection of articles describing common chart patterns

Chart Types

  • Arms CandleVolume A price chart that merges traditional candlesticks with EquiVolume boxes
  • CandleVolume A price chart that merges traditional candlesticks with volume
  • Elder Impulse System A charting system developed by Alexander Elder that colors price bars based on simple technical signals
  • EquiVolume Price boxes that are sized based on their trading volume
  • Heikin-Ashi A candlestick method that uses price data from two periods instead of one
  • Kagi Charts A Japanese charting method based on volatility and reversal amounts
  • Renko Charts A Japanese charting method that uses boxes that rise and fall in 45-degree patterns
  • Three Line Break Charts Charts that move up and down based on a stock's volatility
  • MarketCarpets A charting tool used to visually scan large groups of securities
  • Relative Rotation Graphs (RRG Charts) A charting tool that displays relative strength and momentum for small groups of securities
  • Seasonality Charts A charting tool that shows monthly seasonal patterns for a security

Candlestick Charts

Point & Figure Charts

Chart Annotations Tools

  • Andrews' Pitchfork Drawing, adjusting and interpreting this trend channel tool
  • Cycles Steps to finding cycles and using the Cycle Lines Tool
  • Fibonacci Retracements Defines Fibonacci retracements and shows how to use them to identify reversal zones
  • Fibonacci Arcs Shows how Fibonacci Arcs can be used to find reversals
  • Fibonacci Fans Explains what Fibonacci Fans are and how they can be used
  • Fibonacci Time Zones Describes Fibonacci Time Zones and how they can be used
  • Quadrant Lines Defines Quadrant Lines and shows how they can be used to find future support/resistance zones
  • Raff Regression Channel A channel tool based on two equidistant trendlines on either side of a linear regression
  • Speed Resistance Lines Shows how Speed Resistance Lines are used on charts