The ROC indicator is plotted against zero, with the indicator moving upwards into positive territory if price changes are to the upside, and moving into negative territory if price changes are to the downside.NA rising ROC above zero typically confirms an uptrend while a falling ROC below zero indicates a downtrend.BNow ROC is hover near Zero, so its signal for...
MACD is a tool that is used to detect moving averages that are showing a new trend, whether that trend is bullish or bearish. This indicator can be used to identify moving averages that are signalling a new trend. In 7 July 2022, the MACD line is crosses from below to above the signal line. This condition is considered as bullish. The futher below the zero line is...
In the month July 2022, It moves downward and above the horizontal reference level of 30, this is a bulish sign and indicate buying signal. RSI rises over the horizontal 30 reference which is the value is 36.46. This means RSI is a positive indication and indicate bullish sign. A sign of a rising trend is when there is a movement from below the centerline (50) to...
A zero line that distinguishes between positive and negative values is shown against the ROC. Positive values indicate upward momentum or purchasing pressure, whereas negative values below zero indicate downward momentum or selling pressure. The value of ROC is negative at 13 July 2022 and indicate selling pressure. As investor, we trade the market as trading...
John Bollinger invented the Bollinger Bands, which are a sort of price envelope. Bollinger bands help determine whether prices are high or low on a relative basis. They are used in pairs, both upper and lower bands and in conjunction with a moving average. Bollinger Bands are price envelopes drawn at a standard deviation level above and below the price's simple...
When the price of an asset moves in an overall bullish trend before correcting lower, it forms a falling wedge pattern. Two converging trend lines are drawn within this pullback. When the price action bursts through the upper trend line , or wedge's resistance, the consolidation phase finishes. In a clear uptrend, the most typical falling wedge formation occurs....
The descending triangle pattern usually appears at the end of a decline or following a downtrend correction. However, it can also happen during an ascent as a consolidation. Price bounces off the support level at least twice, forming the pattern. After the end of a retracement in a downtrend, the pattern is completed. A significant bearish momentum-led slide is...
A rising wedge is a bearish stock pattern that starts out wide at the bottom and narrows as the trading range narrows and prices rise. This implies a slowing of momentum, which normally precedes a downside reversal, allowing traders to see potential selling opportunities. When a stock consolidates between two converging support and resistance lines, it forms a...
Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest.
The Price Now Is Exactly near to support line, and this is the best timing to buy and get profit when it Hit the TP price. The entry price is at 46.17 which now at the middle between...
A bullish pattern is the collapsing wedge. These two patterns, when combined with the rising wedge formation, make a significant pattern that signifies a change in trend direction. In general, a falling wedge pattern is thought to be a reversal pattern, yet there are instances where it might help a trend continue. When the APA stock price moves in an overall...
Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest.
The Price Now Is Exactly near to support line, and this is the best timing to buy and get profit when it Hit the TP price. The entry price is at 46.77 which now at the middle between...
