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Knowledge articles on Technical Analysis Indicators, Chart and Candlestick Patterns supported by ChartMill stock charts and stock screener.

Indicators

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Accumulated Volume Indicator

The Accumulated Volume Technical indicator on the charts.

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VWAP (Anchored and Moving)

The Moving or Anchored VWAP (Volume Weighted Average Price) indicator is available in the ChartMill stock charts.

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ATR based stop (chandelier stop)

An indicator to show the value of a stop with distance based on the Average True Range

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Chartmill Channels

A Chartmill Channel is a horizontal channel wherein prices move sideways

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Chartmill Trend Indicator

The Chartmill Trend Indicator indicates whether a trend is positive, negative or neutral.

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Relative Strength

Relative Strength measures price performance of a stock relative to the other stocks in the market.

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Dorsey Relative Strength

Dorsey Relative Strength compares the security to an index

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Mansfield Relative Strength

Mansfield Relative Strength as used by Stan Weinstein

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Pocket Pivots

A Pocket Pivot is a price/volume pattern that reveals an interest of large players and is available in our charts and stock screener.

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Chartmill Market Breadth Indicators

Some market breadth chart indicators provided by ChartMill

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5BP and 7BP Swing Point or Fractal Stop

An indicator to show the value of a stop which is moved on swingpoints

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Effective Volume (EV) and Effective Ratio (DER)

Effective Volume looks at intraday volume to analyze accumulation and distribution by large players

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Strong Stocks

Strong stocks are consistent strong performers in the market

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Trend Intensity Indicator

The Trend Intensity indicator measures the strength of the trend.

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Overbought or Oversold: Chartmill Value Indicator and Dynamic RSI

Using the Chartmill Value Indicator and Dynamic RSI to find overbought or oversold levels

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Chartmill Technical Rating and Setup Quality scores

View the technical health and setup quality of any stock with these ChartMill ratings.

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Chartmill Consolidated Support and Resistance

Consolidated Support and Resistance combine support and resistance from several indicators and time frames

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Weinstein stage analysis in chartmill

Weinstein stage analysis in the ChartMill charts and screener

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The RSI Indicator and Trading Strategies

The Relative Strength Index (RSI) Indicator is a technical analysis momentum indicator which finds overbought and oversold conditions.

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The MACD Indicator - Moving Average Convergence and Divergence

The MACD indicator is a technical analysis indicator used to determine the strength, direction and duration of a trend. This article it about its practical usage.

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Support and Resistance - How to find it and Indicators

Learn how to find Support and Resistance and discover the available indicators in ChartMill

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The Simple Moving Average (SMA)

The Simple Moving Average, definition and Formula

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The Exponential Moving Average (EMA)

The Exponential Moving Average | Definition and Formula

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The Smoothed Moving Average (SMMA)

The Smoothed Moving Average, definition and Formula

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How to Use Moving Averages to Determine the Trend?

Moving averages are an ideal tool to determine the price trend of a share. How to do that and which things to take into account is discussed in the article below.

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Understanding the Bollinger Bands

A very popular and widely used technical indicator are the Bollinger Bands, developed by John Bollinger. The indicator is used to measure the volatility of a stock or any other financial instrument.

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Understanding the Stochastic Oscillator

The stochastic oscillator dates back to the late 1950s and was developed by George Lane who was part of a group of futures traders. His buying and selling decisions were mainly based on technical analysis. It is one of the many available technical indica

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Understanding the Fast, Slow and Full Stochastics

This is a follow-up to the first basic article around the Stochastic indicator. In ChartMill, there are 3 different variants available, the Fast, Slow and Full Stochastic.

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Understanding the Stochastics RSI Indicator

The Stochastic RSI - like the regular Stochastic indicator - is a momentum indicator used primarily to identify overbought or oversold levels. The difference with the ordinary Stochastics indicator is that the Stoch RSI relies on the RSI values and not on

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The Average True Range (ATR) Volatility Indicator

The Average True Range (ATR), developed by J. Welles Wilder, is an indicator in technical analysis which measures the average volatility of the underlying asset. To do so, it calculates the average of the True Range over a predetermined period.

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Understanding the Keltner Channels

Keltner Channels are used to identify price levels where the existing trend changes direction at the time the price breaks out of the channel or to visualize overbought and oversold levels in consolidating markets.

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Understanding the Force Index Indicator

The Force Index Indicator, developed by Alexander Elder, uses price change in combination with volume to identify the strength of a price movement.

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Understanding the On Balance Volume indicator (OBV)

The On Balance Volume Indicator (OBV) is a momentum indicator. It plots volume against price changes. The OBV indicator can rise, fall or stay the same. This solely depends on how the price evolves.

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Understanding the Aroon Indicator

The Aroon-indicator is used to discover and anticipate new potential trends early on, identify sideways markets but also to visualize correction periods within existing trends. It is a very versatile indicator but it takes some practice to learn to interp

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How to use the Awesome Oscillator?

The awesome oscillator is a momentum indicator that provides insight into how strong or how weak a stock is performing. This is done by comparing the recent market momentum with the more general momentum over a longer period in the past. This confirms exi

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How To Use the Money Flow Index?

The Moneyflow Index is a typical momentum indicator that indicates the extent to which there is inflow or outflow of market capital. In this way the underlying money flows are visualized.

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The Alligator Indicator explained

The Alligator indicator consists of 3 different smoothed moving averages and is useful for recognizing price trends.

Candlestick Patterns

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The Bullish Engulfing Pattern

The Bullish Engulfing candle pattern is considered a bullish reversal pattern in technical analysis, when it occurs at the bottom of a downtrend. It consists of two candles where the second candle completely envelops the body of the first one.

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The Bearish Engulfing Pattern | Definition

Understanding the Bearish Engulfing Pattern

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The Bullish Harami Pattern | Definition

A bullish harami is a candlestick pattern that indicates a bottom when it is preceded by a fall. It is a two-candle bullish reversal pattern.

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The Bearish Harami Pattern | Definition

A bearish harami is a pattern that indicates a top when it is preceded by a price increase. It is a two-candle bearish reversal pattern.

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The Bullish Hammer Candlestick Pattern | Definition

The bullish hammer pattern is a candlestick pattern in technical analysis that proves especially useful in active swing trading strategies in which the pattern is used as a warning signal that an existing bearish trend could reverse.

Chart Patterns

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Bull Flags (and pennants) | Definition

Bull Flags and Pennants are powerful chart patterns in technical analysis. The are called 'continuation patterns' as the flag embeds prices that are consolidating in a range after a strong move up.

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The Ascending Triangle Pattern | Definition

The ascending triangle pattern is a bullish continuation chart pattern in technical analysis formed by a rising trendline and a horizontal resistance line.

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The Golden Cross and Death Cross | Definition

The Golden Cross and Death Cross are popular concepts within the arsenal of tools in technical analysis. They are patterns created by combining two moving averages.

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The Descending Triangle Pattern | Definition

A Descending Triangle Chart Pattern is a bearish continuation pattern. It is formed when prices are trapped between a descending trendline and a horizontal support line. The trendline and support line are forming a triangle, a right angle triangle even.

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The Symmetric Triangle Pattern | Definition

A symmetrical triangle is a technical analysis chart pattern characterized by a converging upwards trend line with a downwards resistance line.

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The Rising Wedge and Falling Wedge Patterns | Definition

Rising Wedges and Falling Wedges are price patterns in technical analysis. The rising wedge is a bullish pattern while the falling wedge has a bearish bias.

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The Cup and Handle Chart Pattern | Definition

The cup and handle chart pattern is one of many classic chart patterns within technical analysis. The pattern literally has the shape of a 'cup with handle', hence the name.

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Bear Flags (and pennants) | Definition

Bear Flags and Pennants are powerful chart patterns in technical analysis. The are called 'continuation patterns' as the flag embeds prices that are consolidating in a range after a strong move down.