How zoom chart tradestation 9.58/10/2023 ![]() If the current price is above a longer-term moving average (let's say 100 days), the stock is probably trending up and if it's below, it is likely trending down. The easiest way to see whether a stock is generally heading up or down is to draw a moving average (your trading platform can usually do this). Many investors would use fundamental analysis to find the right stock to invest in, but turn to technical analysis to try and pinpoint the right moment to buy (or later sell) the stock. Long-term stock investors can mainly use charts to identify price trends and find ideal price levels to buy or sell a stock. ![]() Charts are the main tool used for technical analysis. For technical analysts, a stock is little more than its price, and the company behind it is almost irrelevant. Technical analysis, on the other hand, focuses on analyzing past stock price patterns to predict future price movements. Fundamental analysis looks at the financial health and business outlook of the company behind the stock (such as its recent profits or product launch plans) to figure out where the stock price may be moving next. There are two major approaches to analyzing the performance of a stock. Charts can look intimidating to novice investors but can be useful even for those who don't primarily rely on technical analysis for their investment decisions. ![]() Price charts are usually the first thing you see when you log in to your trading platform.
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