Technical Analysis

Technical view: Two lithium stocks on the verge of a breakout

 Technical view: Two lithium stocks on the verge of a breakout

This article will discuss shares of two Australia-based lithium exploration companies that are on the verge of a breakout based on their technical charts.

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Is short-term bottom in place for Pacific Smiles Group (ASX: PSQ) shares?

Is short-term bottom in place for Pacific Smiles Group (ASX: PSQ) shares?

Pacific Smiles Group Limited (ASX: PSQ), which operates dental centres in Australia, took a beating in May. The stock corrected 54.87% from its 52-week high of AU$3.08 made in November 2021 to a fresh 52-week low of AU$1.39 on 06 June 2022.  ...

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Newcrest Mining (ASX: NCM) makes bullish engulfing pattern: Is a trend reversal in the offing?

Newcrest Mining (ASX: NCM) makes bullish engulfing pattern: Is a trend reversal in the offing?

Newcrest Mining Limited (ASX: NCM), an Australia-based company engaged in the exploration and development of gold and gold-copper concentrate, has been under selling pressure over the last few weeks. However, on Friday (17 June), the stock witnesse...

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Three tenets of technical analysis you should know

Three tenets of technical analysis you should know

  • February 20, 2022 12:11 AM AEDT | Aayush

While searching for an investment opportunity, there are primarily two ways to screen a stock – technical analysis and fundamental analysis. While fundamentals focus much on the financial and non-financial data related to the company, sector ...

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What is ASX Volatility index? How has it performed in 2022?

What is ASX Volatility index? How has it performed in 2022?

  • January 12, 2022 08:22 PM AEDT | Aayush

The Volatility index or more commonly VIX is simply a quantitative measure of the volatility of an underlying financial instrument. Many times known as the ‘fear index’, VIX measures the anticipated move of the underlying instrument ove...

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Inside Afterpay’s share price journey: How did merger news impact it?

Inside Afterpay’s share price journey: How did merger news impact it?

  • January 12, 2022 05:37 PM AEDT | Aayush

Afterpay Limited (ASX:APT) shares have just a handful of days left to trade on the ASX with its takeover by Block, Inc. (NYSE:SQ) closing in on completion. In what is being dubbed as Australia’s largest ever corporate merger, the AU$39 billio...

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Holding Tesla shares? Here’s a technical view

Holding Tesla shares? Here’s a technical view

  • November 16, 2021 08:39 PM AEDT | Aayush

Highlights Tesla has been one of the most buzzing stocks in recent times. The sudden acceleration of the momentum made the stock more volatile. Elon Musk sold about US$6.9 billion worth of stocks last week. Tesla is currently one of the m...

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What is the significance of technical analysis in portfolio building?

What is the significance of technical analysis in portfolio building?

  • July 07, 2021 05:00 PM AEST | Aayush

Portfolio building is a process of selecting securities optimally with the sole aim to achieve maximum returns while taking minimum risk. A well-made portfolio consists of diversified securities such as stocks, bonds, money market instrum...

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Components of Technical Analysis

Components of Technical Analysis

  • June 15, 2021 12:41 PM AEST | Aayush

Summary Price and volume are the most essential components of Technical analysis. Technical tools such as trendlines, horizontal support and resistance lines, etc., are very commonly plotted on the price chart. Some components of technical ana...

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Decoding RSI: What is Relative Strength Index and how is it used?

Decoding RSI: What is Relative Strength Index and how is it used?

  • June 03, 2021 02:06 PM AEST | Aayush

Summary The RSI is a momentum indicator which oscillates between upper and lower bounds (0 and 100 respectively) to indicate overbought/oversold levels. It also helps to spot divergences. RSI works well as an indicator in a rangebound market. ...

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Five reasons for relying on technical analysis

Five reasons for relying on technical analysis

  • June 03, 2021 12:30 PM AEST | Aayush

Summary As compared to fundamental analysis, technical analysis takes quite a few minutes to analyse a price chart for an actionable advice. Technical analysis also helps in short-term trading, down to the time frame of seconds. Doing market b...

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