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FOUR PRICE DOJI
The Four Price Doji is a single candlestick pattern. It is simply a horizontal line that has no upper or lower shadows.
Recognition Criteria:
1. The body is a horizontal line.
2. There are no upper or lower shadows at all.
3. The open, close, high and low are the same throughout the entire day.
Explanation:
A Four Price Doji is a very rare occurrence and it may be seen only if all the four price components are equal. That is, the open, high, low, and close turn out to be the same. It represents complete and total uncertainty by traders concerning the market direction.
Important Factors:
The Four Price Doji usually occurs when a stock is very illiquid, has low volume, or the data source do not report any other price other than the closing price.
The Four Price Doji is not reliable like most other single candlestick patterns. It only reflects one day's trading and conveys a sense of complete indecision. It usually is interpreted as a reversal pattern however this indicator must be used with other candlesticks for a healthier judgment about the course of the trend.
Like all other doji types, Four Price Doji is also important only in markets where there are not many doji. In a chart characterized by many doji, the emergence of Four Price Doji do not have a signal value.
$ONCI BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/ONCI
The default look-back period for RSI is 14, but this can be lowered to increase sensitivity or raised to decrease sensitivity. 10-day RSI is more likely to reach overbought or oversold levels than 20-day RSI. The look-back parameters also depend on a security's volatility. 14-day RSI for internet retailer Amazon (AMZN) is more likely to become overbought or oversold than 14-day RSI for Duke Energy (DUK), a utility.
Walking the Bands
Moves above or below the bands are not signals as such. As Bollinger puts it, moves that touch or exceed the bands are not signals, but rather "tags". On the face of it, a move to the upper band shows strength, while a sharp move to the lower band shows weakness. Momentum oscillators work much the same way. Overbought is not necessarily bullish. It takes strength to reach overbought levels and overbought conditions can extend in a strong uptrend. Similarly, prices can "walk the band" with numerous touches during a strong uptrend. Think about it for a moment. The upper band is 2 standard deviations above the 20-period simple moving average. It takes a pretty strong price move to exceed this upper band. An upper band touch that occurs after a Bollinger Band confirmed W-Bottom would signal the start of an uptrend. Just as a strong uptrend produces numerous upper band tags, it is also common for prices to never reach the lower band during an uptrend. The 20-day SMA sometimes acts as support. In fact, dips below the 20-day SMA sometimes provide buying opportunities before the next tag of the upper band.
The chart above shows Air Products (APD) with a surge and close above the upper band in mid July. First, notice that this is a strong surge that broke above two resistance levels. A strong upward thrust is a sign of strength, not weakness. Trading turned flat in August and the 20-day SMA moved sideways. The Bollinger Bands narrowed, but APD did not close below the lower band. Prices, and the 20-day SMA, turned up in September. Overall, APD closed above the upper band at least five times over a four month period. The indicator window shows the 10-period Commodity Channel Index (CCI). Dips below -100 are deemed oversold and moves back above -100 signal the start of an oversold bounce (green dotted line). The upper band tag and breakout started the uptrend. CCI then identified tradable pullbacks with dips below -100. This is an example of combining Bollinger Bands with a momentum oscillator for trading signals.
$CDXC BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/CDXC
The Ulcer index can also be charted over time and used as a kind of technical analysis indicator, to show stocks going into ulcer-forming territory (for one's chosen time-frame), or to compare volatility in different stocks.[3] As with the Sharpe Ratio, a higher value is better than a lower value (investors prefer more return for less risk).
$STVF BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/STVF
Pivot Points ~ Time Frames
Pivot Points for 1, 5, 10 and 15 minute charts use the prior day's high, low and close. In other words, Pivot Points for today's intraday charts would be based solely on yesterday's high, low and close. Once Pivot Points are set, they do not change and remain in play throughout the day.
Pivot Points for 30 and 60 minute charts use the prior week's high, low and close. These calculations are based on calendar weeks. Once the week starts, the Pivot Points for 30 and 60 minute charts remain fixed for the entire week. They do not change until the week ends and new Pivots can be calculated.
Pivot Points for daily charts use the prior month's data. Pivot Points for June 1st would be based on the high, low and close for May. They remain fixed the entire month of June. New Pivot Points would be calculated on the first trading day of July. These would be based on the high, low and close for June.
Pivot Points for weekly and monthly charts use the prior year's data.
$EMPM BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/EMPM
The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD, called the "signal line", is then plotted on top of the MACD, functioning as a trigger for buy and sell signals.
Simple vs Exponential Moving Averages
Even though there are clear differences between simple moving averages and exponential moving averages, one is not necessarily better than the other. Exponential moving averages have less lag and are therefore more sensitive to recent prices - and recent price changes. Exponential moving averages will turn before simple moving averages. Simple moving averages, on the other hand, represent a true average of prices for the entire time period. As such, simple moving averages may be better suited to identify support or resistance levels.
Moving average preference depends on objectives, analytical style and time horizon. Chartists should experiment with both types of moving averages as well as different timeframes to find the best fit.
Below is an example of a chart with both the SMA
$FLRE BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/FLRE
RSI is a versatile momentum oscillator that has stood the test of time. Despite changes in volatility and the markets over the years, RSI remains as relevant now as it was in Wilder's days. While Wilder's original interpretations are useful to understanding the indicator, the work of Brown and Cardwell takes RSI interpretation to a new level.
SEC Filings Explained ~ Form D
Form D is an SEC Filing form to be used to file a notice of an exempt offering of securities under Regulation D. Commission rules require the notice to be filed by companies and funds that have sold securities without registration under the Securities Act of 1933 in an offering based on a claim of exemption under Rule 504, 505 or 506 of Regulation D or Section 4(6) of that statute. Commission rules further require the notice to be filed within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. If the due date falls on a Saturday, Sunday or holiday, it is moved to the next business day.
Privately held companies that raise capital are required to file a Form D with the SEC to declare exempt offering of securities. Many of these filings show investments in small, growing companies through venture capital and angel investors, as well as certain pooled investment funds.
$IAGI BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/IAGI
Negative Divergence: The trick with MACD is to look at the trend it is a powerful indicator when you compare the direction of the MACD Mountains with the Price Movement.
Point 2 illustrates, that although the price doubled in 2008 we saw the MACD make lower lows “negative divergence”. We see here a change in the MACD from positive to negative and the large mountain (below the Zero Line) forms. MACD is an oscillating indicator and as such is always tied to the Zero line in the middle.
The Rate-of-Change indicators were then smoothed with a weighted moving average. As its name implies, a weighted moving average puts more weight on recent data and less weight on older data. For example, a 3-period WMA would multiply the first data point by 1, the second data point by 2 and the third data point by 3. The sum of these three numbers is then divided by 6, which is the sum of the weightings (1 2 3), to create a weighted average. The table below shows a calculation from an excel spreadsheet.
$ABCP BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/ABCP
$BAYN BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/BAYN
Speed resistance lines are similar in interpretation to the Fibonacci Fan indicator. Many traders will watch for a move below the two-thirds level to signal a continued retracement toward the one-third level. It is important to remember that other technical indicators should be used when the price of the asset is near the trendline to confirm the strength of the predicted support/resistance.
$NPFT BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/NPFT
An asset is deemed to be overbought once the RSI approaches the 70 level, meaning that it may be getting overvalued and is a good candidate for a pullback. Likewise, if the RSI approaches 30, it is an indication that the asset may be getting oversold and therefore likely to become undervalued.
BULLISH TRI STAR
The Bullish Tri Star Pattern is a very rare but significant bottom reversal pattern. Three Dojis form this pattern. The middle Doji is a Doji Star.
Recognition Criteria:
1. Market is characterized by downtrend.
2. Then we see three consecutive Doji.
3. The second day Doji gaps below the first and third.
Explanation:
In the case of a Bullish Tri Star Pattern, we have a market, which is in a downtrend for a long time. However the weakening trend shows itself by the fact that the real bodies are probably becoming smaller. The first Doji is a matter of concern. The second Doji clearly indicates that market is losing its direction. Finally, the third Doji warns that the downtrend is over. This pattern indicates too much indecision leading to reversal of positions.
Important Factors:
A confirmation on fourth day is required to be sure that the downtrend has reversed. Confirmation may be in the form of a white candlestick, a large gap up or a higher close on the fourth day.
$DUSS BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/DUSS
Buy Signal: MACD broke through the line of resistance: here we see the MACD breaking strongly past its previous high. I plotted a Trend Line in Orange to show this clearly.
$INAR BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/INAR
A crossing of the MACD line through zero happens when there is no difference between the fast and slow EMAs. A move from positive to negative is bearish and from negative to positive, bullish. Zero crossovers provide evidence of a change in the direction of a trend but less confirmation of its momentum than a signal line crossover.
$MTLI BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/MTLI
Form 20-F ~ SEC Filings Explained
Form 20-F is an SEC filing submitted to the US Securities and Exchange Commission used by certain foreign private issuers to provide information.
20-F, 20-F/A Annual and transition report of foreign private issuers pursuant to sections 13 or 15(d)
20FR12B, 20FR12B/A Form for initial registration of a class of securities of foreign private issuers pursuant to section 12(b)
20FR12G, 20FR12G/A Form for initial registration of a class of securities of foreign private issuers pursuant to section 12(g)
The postfix /A stands for 'Amendment'
The report must be filed within six months after the end of the fiscal year.
Money flow index (MFI) is an oscillator calculated over an N-day period, ranging from 0 to 100, showing money flow on up days as a percentage of the total of up and down days. Money flow in technical analysis is typical price multiplied by volume, a kind of approximation to the dollar value of a day's trading.
$GTGP BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/GTGP
Bullish and bearish divergence can alert chartists of a potential trend change. Divergences are classic signals associate with oscillators. A bullish divergence forms when the indicator moves higher as the security moves lower. The indicator is not confirming weakness in price and this can foreshadow a bullish trend reversal. A bearish divergence forms when the indicator moves lower as the security moves higher. Even though the security is moving higher, the indicator shows underlying weakness by moving lower. This discrepancy can foreshadow a bearish trend reversal.
$CTSO BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/CTSO
The Coppock indicator was originally designed for use on a monthly time scale. It is effectively an oscillator calculated from the sum of a 14 month rate of change and 11-month rate of change, smoothed by a 10-period weighted moving average.
$YLLC BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/YLLC
RSI in Technical Analysis for the Trading Professional, Constance Brown suggests that oscillators do not travel between 0 and 100. This also happens to be the name of the first chapter. Brown identifies a bull market range and a bear market for RSI. RSI tends to fluctuate between 40 and 90 in a bull market (uptrend) with the 40-50 zones acting as support. These ranges may vary depending on RSI parameters, strength of trend and volatility of the underlying security.
BEARISH DELIBERATION
The Bearish Deliberation Pattern is a derivative of the Bearish Three White Soldiers Pattern. This pattern also shows a weakness similar to the Bearish Advance Block Pattern since it becomes weaker in a short period of time. However here the weakness occurs all at once on the third day. The small third body of the pattern shows that the rally is losing strength and a reversal is possible.
Recognition Criteria:
1. Market is characterized by uptrend.
2. We see long white bodies in the first and second days.
3. The second day has a higher close than the first day.
4. Then the third day opens near the second day's close.
5. The third day is typically a short white candlestick, a spinning top or a star that gaps above the second day.
Explanation:
The Bearish Deliberation Pattern appears after a sustained upward move and is suggestive of the fact that the rally is losing strength and a reversal is possible. The formation is a proof that the bulls’ strength is at least temporarily exhausted.
Important Factors:
The last small white candlestick may show a gap away from the long white body, thus becoming a star, or it can be riding on the shoulder of the long white real body.
The Bearish Deliberation Pattern is not normally a top reversal pattern but it has potential to precede a meaningful price decline. This pattern is more important at higher price levels. It must be used to liquidate long positions but it is yet too early for short positions.
A confirmation on fourth day is required to confirm that the uptrend has reversed. This may be in the form of a black candlestick, a large gap down or a lower close on the fourth day.
$VLNX BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/VLNX
The Chaikin Money Flow indicator can be calculated in three simple steps. The first step is to calculate the Money Flow Multiplier (MFM) for a specified period. Secondly multiply this MFM by the period's volume to find Money Flow Volume (MFV). Lastly sum the MFV for the periods and divide by the period sum of volume. Assuming that we use 20 periods.
BULLISH UNIQUE THREE RIVER BOTTOM
The Bullish Unique Three River Bottom Pattern is an extremely rare bottom reversal pattern. Its first candlestick is an extended black candlestick then followed by a second black real body closing higher than the first candlestick’s close, and the third candlestick is a white candlestick with a very small real body. The real white body shows that the market lost the selling pressure.
Recognition Criteria:
1. Market is characterized by a downtrend.
2. We see a long black candlestick in the first day.
3. Then we see a Hammer-like black candlestick on the second day.
4. The lower shadow of the second day sets a new low.
5. Then we see a short white candlestick, which is below the second day candlestick.
Explanation:
With the Unique Three River Bottom bull pattern, we first see a long black stick in a falling market. The next day opens at a higher level, however bearish sentiment is strong causing a new low during the day however the day closes near the high thus producing a small black body within the body of the first day. This rally questions the strength of bears. The increasing uncertainty is further strengthened when the third day opens lower, but not lower than the low of the second day. There is some stability on the third day as evidenced by its small white body. Third day ends by a rally closing below the close of the second day. If price rises to new high on the fourth day, then a reversal of trend is confirmed.
Important Factors:
A confirmation on fourth day is advisable to show that that the downtrend has reversed. This may be in the form of a white candlestick, a large gap up or a higher close on the fourth day.
$UNGS BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/UNGS
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Investor Hub Alerts: Sign up for 'STOCKGOODIES PLAYS OF THE WEEK ' E-Mail List UPDATE; 5-1-22 courtesy of charting /\ wit tweezer top calls /\ Tony @Montana_Trades Really good study sheet on Candlestick Patterns [-chart]pbs.twimg.com/media/FRn8188XMAAdZvk?format=jpg&name=small[/chart]
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