Technical Analysis, Charts, Patterns & Indicators

Learn technical analysis and how to read stock charts. This helps you understand the movement of stock prices, stock trends, and the supply-demand equation. Stock chart indicators and market sentiment are all important factors.

The Best Software for Trading & Stock Chart Analysis

5 Best AI Stock Trading Bot Software Tested 2023

Our tests show Trade Ideas is the best AI stock trading Bot software for finding and executing high-probability trades. Tickeron's AI stock trading Bots provide swing trading signals, and TrendSpider has AI chart pattern recognition.

Trade Ideas Review 2023: Scanning & Holly AI Bot Tested

Our Trade Ideas review uncovers an excellent stock scanner, an AI-powered trading signal platform with 30 channels of trading ideas and auto-trading. Three automated Holly AI systems pinpoint trading signals for day traders. Trade Ideas promises and delivers the nirvana of market-beating returns.

TradingView Review: Is TradingView Worth It In 2023?

This TradingView review finds it is great for traders wanting global coverage of stocks, Fx, and cryptocurrencies. TradingView automatically identifies chart patterns, Elliott Waves, and Candlestick patterns. Excellent backtesting and the world's best trading community make TradingView a great choice for chart traders.

TrendSpider Review 2023: We Test If Its The Best?

Trendspider uses AI to plot trendlines, chart patterns, Fibonacci, and even analyzes stocks for you. TrendSpider is unique, reliable, and innovative, but is it the best?

Benzinga Pro Review 2023: Why Smart Traders Love It?

This Benzinga Pro review reveals it is best for traders who want a high-speed actionable real-time news feed at 1/10th of the price of a Bloomberg terminal. Benzinga Pro includes charts, financials, screening, options mentoring, and a powerful calendar suite to get a trading edge.

MetaStock Review 2023: Charting, Backtesting & Xenith Tested

This MetaStock review and test reveal an excellent technical analysis charting platform for traders, with 300+ charts and indicators for stocks, ETFs, bonds & forex globally. Metastock has innovative backtesting and forecasting, and Refinitiv/Xenith provides powerful real-time news and screening.

Stock Trading Courses You Might Enjoy

Learn How to Invest in Stocks with Professional Training

Start the New Year Right: Learn stock market investing with the complete online stock trading course by Barry D. Moore, a professionally certified financial markets analyst. You will learn stock market fundamentals, stock chart technical analysis, stock screening, and strategy.

Free Online Stock Trading Courses & Investment Training

Liberated Stock Trader offers free stock investing courses covering value, growth, and dividend investing, plus technical chart analysis. Our courses are developed by IFTA member and certified financial technician Barry D. Moore.

35 Best Growth Stocks To Buy Now To Beat The Market

Find the best growth stocks to buy now using a 9-year tested and proven strategy system that selects stocks that outperform the S&P 500. Instead of following stock tips from financial websites, you can adopt a structured approach to find stocks with a proven track record of beating the market.

How to Draw Trend Lines on a Stock...

Drawing trendlines on stock charts is a powerful way to assess the direction of the market. Trendlines help you understand the trend direction and timeframe to set expectations for future market moves. 

Heikin Ashi Candles Proven The Best Strategy with...

Heikin Ashi candle charts are better than candlesticks for maximizing returns in a professional trading strategy. Backtesting 360 years of data across 30 major stocks shows that Heikin Ashi chart strategies outperform 60% of equities vs. a buy-and-hold strategy.

Is the Stock Market in an Uptrend or...

If a broad market index like the S&P 500 or the Russell 2000 is above the 200-day moving average, the stock market is in an uptrend. If the price is below, it is in a downtrend.

What Are Market Profile Charts & Best Software...

The Market Profile chart uses price and time to provide a unique way to visualize market action and the most important prices of a day's trading. The three core concepts are the point of control (POC), the time price opportunity (TPO), and 30-minute time blocks.

Renko Charts: How to Trade Renko Charts Like...

Renko charts filter out unnecessary price fluctuations to provide a clear stock price trend that traders can use in their investing strategies. Renko charts are gaining in popularity due to their ability to filter out market noise and provide a clearer picture of the price action.

How to Read Candlesticks: Charts, Patterns & Pro...

The key to reading candlesticks is understanding the candle's body length and fill. A long hollow body means the stock price surged on a greater demand. A long-filled body means a strong fall in stock price on increased selling. Long wicks mean an extreme high or low that failed, indicating a short-term trend reversal.

How to Read Stock Charts Like a Boss:...

To read stock charts you need to use stock charting software, select your chart type, configure your timeframe, determine price direction using trendlines and use indicators to estimate future prices.

What are Point & Figure Charts & The...

Point & Figure Charts Are The Secret Technique That Market Makers Use To Plan Trades. Discover More About P&F Charting & How It Works

Top 8 Stock Chart Types For Trading &...

The 8 important stock charts traders and investors use are Line, Bar, Candlestick, Volume at Price, EquiVolume, Point and Figure, and Market Profile Stock Charts.

RSI Indicator: The Best Way to Trade RSI Based on Data

I backtested four RSI indicator trading setups from 1-minute to daily charts across the DJ30 stocks from 1 month to 27 years, equaling over 820 years of testing data. Not all RSI configurations work, but I did discover the most profitable RSI indicator settings.

Parabolic SAR: Is This Indicator Profitable? We Test It!

I backtested seven Parabolic SAR trading setups from 1-minute to daily charts across the DJ30 stocks over 12 years, equaling over 2,880 years of testing data. On standard charts, PSAR is not a profitable trading indicator. But I did discover the most profitable PSAR configuration.

Hull Moving Average: Indicator Performance Test

The Hull moving average is a lesser-known chart indicator, and our testing reveals it outperforms other moving averages. But with only a 17% win rate, using the Hull moving average for trading is not advised due to its poor performance in consolidating markets.

Weighted Moving Averages: Test Data Says Avoid WMAs

The weighted moving average (WMA) is a widely used chart indicator, but our testing reveals it underperforms other moving averages with only a 7% win rate. Using WMA as a trading tool is not advised due to its incredibly poor performance.

How to Draw Trend Lines on a Stock Chart Like a...

Drawing trendlines on stock charts is a powerful way to assess the direction of the market. Trendlines help you understand the trend direction and timeframe to set expectations for future market moves. 

Exponential Moving Average: Mythbusting with 960 Years of Data!

The exponential moving average (EMA) is a popular chart indicator considered to be better than the simple moving average. But according to our testing, it performs much worse. I advise against using the EMA as a trading tool as it is inaccurate and can lead to traders losing money.

Simple Moving Average: 960-Year Test Results

The simple moving average is a popular, commonly used chart indicator. The SMA is typically the first indicator beginner traders learn and use, but our testing shows it is an extremely poor trading tool and should be avoided.

5 Best Moving Averages & How to Trade Them Like a...

The 5 best moving averages for traders are the simple, exponential, weighted, exponential weighted, and Hull moving averages. Understanding how to interpret moving averages is a key skill for any trader looking for improved performance.

Top 23 Stock Chart Patterns for Successful Trading

Academic research shows best chart patterns in technical analysis are the inverse head and shoulders, double bottom, triple bottom, descending triangle, and rectangle top. Each of these patterns has a proven success rate of over 85%, with an average gain of 43%.

Elliott Wave Theory: Examples & Reliability Uncovered

Elliott Wave theory has an avid following amongst technical traders, enabling an understanding of market moves in cycles and waves. But wave theory has serious reliability limitations in trading, which means it is unproven and cannot be backtested for accuracy.

Ichimoku Cloud: 600 Years of Data Says Avoid this Indicator

Backtesting the Ichimoku Cloud strategy on the DJ-30 Index stocks over 20 years resulted in 600 years of testing. The results are a dismal 10% win rate underperforming a buy-and-hold strategy 90% of the time. The Ichimoku indicator is a bad choice for traders.

MACD Indicator Reliability Tested: Traders Must Avoid It!

The Moving Average Convergence Divergence (MACD) indicator is one of the most widely used yet poor-performing technical analysis indicators. Traders are misled into believing they can profit from this indicator.

Top 23 Stock Chart Patterns for Successful Trading

Academic research shows best chart patterns in technical analysis are the inverse head and shoulders, double bottom, triple bottom, descending triangle, and rectangle top. Each of these patterns has a proven success rate of over 85%, with an average gain of 43%.

8 Best Bearish Patterns Based on Tested Research

Bearish patterns in technical analysis suggest a decline in an asset's value. Common examples include flags, wedges, rectangles, and triangles. Due to the stock market's inherent bull bias, short-selling using bear patterns is risky and best left to experienced traders.

10 Best Bullish Patterns for Traders Based on Data

Bullish chart patterns signal future price increases and are important to traders, but not all are accurate or profitable. Testing shows triangles, rectangles, double bottoms, and the cup and handle are the most reliable bullish patterns. Traders need to avoid bull pennants and bull flags.

Inverse Cup and Handle: 82% Reliability for Short-Sellers

The inverse cup and handle chart pattern is a technical analysis trading strategy. Traders use it to identify a breakdown in asset prices, aiming to profit from short-selling a sharp price decline. The inverse cup and handle chart pattern is considered reliable based on 556+ trades, with an 82% success rate in bull markets.

Cup and Handle Pattern: Trading a 95% Reliable Chart Pattern

Twenty years of trading research show the cup and handle pattern has a 95% success rate in bull markets and returns an average profit of +54%. The cup and handle chart pattern is reliable and accurate but can be difficult to identify.

12 Accurate Chart Patterns Proven Profitable & Reliable

Research shows the most reliable and profitable chart patterns are the Head & Shoulders, with an 89% success rate, the Double Bottom (88%), and the Triple Bottom and Descending Triangle (87%). The most profitable chart pattern is the Rectangle Top, with a 51% average profit.

Bear Pennant: Traders Must Avoid this Chart Pattern

Traders should avoid trading bear pennants. Decades of testing on over 1,600 trades show bearish pennants have a success rate of only 54% and a low price decrease of 6%. The evidence is clear, pattern trading bear pennants is not worthwhile.

Bull Pennant: Why Traders Lose With Bullish Pennant Patterns

Traders must be cautious when trading bull pennants. Published research reveals a low success rate of 54% and a meager price increase of 7%. This implies pattern trading bullish pennants is as good as coin-flipping with unfavorable odds.

Bear Flag Pattern: Why Traders Must Avoid Bearish Flags

Be careful when trading bearish flags. According to published research, the bear flag pattern has a low success rate of 45%. This means you are flipping a coin when trading this pattern, as the odds are not in your favor. The high-tight bear flag is the only flag pattern you should trade.