Portfolio Management Software
Overview In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. This technique is called candlestick charting. Steven Nison is credited with popularizing candlestick charting and has become recognized as the leading expert on their interpretation. Candlestick charts display the open, high, […]
Overview Accumulation/Distribution is a momentum indicator that associates changes in price and volume. The indicator is based on the premise that the more volume that accompanies a price move, the more significant the price move. Interpretation Accumulation/Distribution is really a variation of the more popular On Balance Volume indicator . Both of […]
Overview Correlation analysis measures the relationship between two items, for example, a security’s price and an indicator. The resulting value (called the “correlation coefficient”) shows if changes in one item (i.e. an indicator) will result in changes in the other item (i.e. the security’s price). Interpretation When comparing the correlation […]