What are the best indicators when evaluating a stock?
- Maximus
- Jun 30, 2020
- 2 min read
Reading stock charts can be confusing and time consuming when you don't know what to look for.
Thankfully, we have put together a Technical Analysis series on our YouTube Channel to teach you how to understand the key indicators of the financial market.
Technical analysis is the art of reading a chart.
Steven Sitkowski shows us how to identify trading opportunities by analyzing statistical trends of past market data.
The technical analysis series includes videos on:
Moving Averages, which are an updated average stock price over a specific period of time. Steven explains what type of moving averages to look for when considering stock options.
Reversal Patterns are statistical trends that help traders identify when a stock will turn from bullish to bearish or vice versa. There are two main types of reversal patterns that Steven describes in the video.
Bollinger Bands help traders time their buys and sells by alerting them when a stock price is too high or too low.
On-Balance Volume (OBV) is a running total of a stock's trading volume and indicates whether the volume is flowing in or out.
The MACD is arguable the most popular technical indicator. MACD stands for Moving Average Convergence Divergence. It compares two different moving averages to one another and contrasts it to a third moving average. The MACD chart gives us a visual depiction of whether or not a stock has a bullish or bearish trend and if that trend is strengthening or weakening.
The Relative Strength Index is used to identify strengthening or weakening trends as well as overbought and oversold positions. In other words, is the stock too expensive or is it priced appropriately.
Support and Resistance, the final video of the technical analysis series, shows us how to put all the information together to make educated decisions on stock options.
Each indicator has its own video, but we highly recommend watching all of them because putting all the data from the indicators together is how you make profitable decisions.
At Market Master Group, we teach you how to make money in the financial market regardless of whether it goes up, down, or sideways.
These indicators are key factors in helping you do that.
Want to learn exactly how to Master The Financial Markets? Our team will be hosting a FREE online workshop within the next 7 days!
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