we know that in trending situation trend indicators should be followed & in ranging phase oscillators should be followed
But can anyone help me please
How can we come to that in near days to come market will go in ranging phase
Is there any indicator, chart pattern available which can tell us that in near future market will be in ranging
2006-12-27 01:59:27 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
it means, now if market is trending i.e. going up or down having one direction
but sometimes what happen share price move in very narrow range called as a consolidation or ranging
so my question is by what chart pattern or indicator we can early understand that market will go in consolidation form or ranging form.
2006-12-27 03:29:07 · update #1
Inverted 'head and shoulder' formation shows there is going to be a bull market ahead. Head and shoulder formation shows there will be a bear market.
Elliot wave theory can predict the range movement.
Usually if one is careful there is a method by which you can figure out the range movement. Every day you take 15 day moving average. Find the maximum reached and the minimu reached for the period. Then todays price - low/Hi - low should be figured out daily. If it hits 33% then there is going to be a turnaround to bull phase. If it crosses 66% then there is going to be a turnaround to bear phase.
For the detail you have given: It is the 'head and shoulders' and the 'inverted h&s which will give you the signal where it is heading as I have said earlier.
If you know point and figure chart this will give a better information. Japanese candle stick charting also is considered to be a better bet for individual stocks and market.
2006-12-27 03:27:49 · answer #1 · answered by Mathew C 5 · 1⤊ 0⤋
That depends upon which trend you are refering to....whether daily, weekly or longer time horizon.
Well the rule of thumb is to look for rate of change of value and as the stock peaks or bottoms out, the rate of change reduces in certain proportion.
Longer the time frame, more evident will be the behavior.
Compute moving average trends based on these price movements to help you forecast....(remember, in the long run, everything tends to averages).
Combine this trend chart with qualitative information analysis and you will be accurately precise about your estimates....:-))
Perform this analysis for both, per share price as well as total volumes traded (market capitalization).....the combination will give you awesome insights into market behavior.
2006-12-28 15:10:18 · answer #2 · answered by moksha 2 · 0⤊ 0⤋
I had some interests on it in the passed...
Get daily inputs of those items of the market you are interested to, and make your own chart. (consider the past of each one, since about five years, year per year..)
Analyse "cycles" along the time...
When price is low, estimate how long it takes to grew up... according with the cycle, and watch up every single day
(Be patient... to win money, it takes some time)
Read daily newspapers or daily Internet commercial status...
Use your feelings to decide... and call me to tell that I was right...
happy 2007
2006-12-27 10:40:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋
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2016-10-19 00:58:08 · answer #4 · answered by Anonymous · 0⤊ 0⤋
your question is not very clear, but it sound like you're looking for the option chain. it's a pretty good indicator of where investors think the market will be in the future. does this help?
2006-12-27 02:46:10 · answer #5 · answered by myersei 3 · 0⤊ 0⤋
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2006-12-27 02:11:50 · answer #6 · answered by Abdul Kalam 2 · 0⤊ 0⤋
by sixth sense
2006-12-27 06:00:53 · answer #7 · answered by udayashanker k 3 · 0⤊ 0⤋