Market Technical Analysis 5.0.0

Stock market technical analysis is provided across various timeframes, including intraday, daily, weekly, and monthly, covering stocks, ETFs, and indexes.

Trend analysis focuses on identifying price movement trends through pivot points (peaks and troughs), offering insights into potential trend reversals and changes in the future.

Support and resistance analysis determines these key levels through the use of moving averages, pivot points, pricing patterns, and gaps. Additionally, it quantitatively assesses the strength of support and resistance by analyzing volumes and occurrences.

Up/down volume analysis evaluates accumulation or distribution conditions using the A/D ratio.

Traditional technical analysis involves popular indicators such as RSI, MACD, ADX, Bollinger Bands, and ATR.

For example, RSI identifies overbought and oversold conditions in range-bound markets. In trending environments, it can signal potential trend reversals by detecting divergences between price movements and the indicator.

MACD describes bullish or bearish sentiment based on pricing momentum and identifies key crossovers in the signal line.

The ADX indicator interprets trend strength and direction by analyzing DMI+, DMI-, and ADX lines.

The Bollinger Bands tool in version 5 assesses current pricing positions relative to the bands and evaluates %b values against historical volatility to ascertain potential market movements.

ATR analysis gauges price change volatility to assist with identifying optimal trade entry and exit levels.

Candlestick pattern analyses are also incorporated to recognize specific candlestick patterns.

The daily summary compares a security's price performance against the broader market and peers within its industry. Volume strength indicators measure trading volume against recent average volume at specific intervals during a trading day; high volume strength can validate price movements while low volume strength may signal uncertainty.

The application allows full customization of moving averages and indicator parameters for each timeframe.

In addition to the US and Canadian (TSX) markets, the platform supports UK (LSE), Europe (EURONEXT and XETRA), India (NSE), Japan (XTKS, XFKA, and XSAP), Taiwan (XTAI and ROCO), Australia (ASX), Hong Kong (XHKG), and China (XSHE and XSHG) markets.

Starting from version 4.5, users have the option to utilize Adjusted Close Price data. This adjusted close accounts for all relevant splits and dividend distributions, aligning with CRSP standards through appropriate multipliers for adjustments.