103-17 How to Draw Stock Chart Trendlines

A trendline is a graphical tool that smooths out price fluctuations and shows the overall trend of a security. There are three main types of trendlines: uptrend, downtrend, and sideways trend.

An uptrend is when prices are consistently increasing over time. A downtrend is when prices are consistently decreasing over time. A sideways trend is when prices are not moving much over time.

These two great lessons on stock market trends and how to draw trendlines will further your education.

How to Draw Trendlines on Stock Charts Like a Boss