Technical Analysis

What is the significance of technical analysis in portfolio building?

  • July 07, 2021 05:00 PM AEST
  • Aayush
 What is the significance of technical analysis in portfolio building?

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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Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?

Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?

Summary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim...

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Platinum Asset Management Ltd to Continue Its Upward Trajectory?

Platinum Asset Management Ltd to Continue Its Upward Trajectory?

Platinum Asset Management Ltd. (ASX: PTM) rallied 29.47 percent in the past few months, from the low of AUD 3.97 made on 06 January 2021 to a new 52-week high of AUD 5.14 tested on 18 March 2021. Post that the stock entered a correction phase. Desp...

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Has the Rally Begun in Procter & Gamble Co. Post Consolidation?

Has the Rally Begun in Procter & Gamble Co. Post Consolidation?

Summary Procter & Gamble Co. (NYSE: PG) outperformed its peers and generated ~4.62 percent return in the last 3 months. PG stock prices are trading in a falling wedge formation on the daily chart and now taking the major support from the 50...

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Will Honeywell International Inc.’s Prices Scale New Highs?

Will Honeywell International Inc.’s Prices Scale New Highs?

Summary HON’s prices are trading above resistance turned support level on the daily chart and getting support from the 50-period Simple Moving Average (SMA). HON outperformed its peer and generated ~42 percent return in the last 9 months...

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Will Janus Henderson Group PLC (ASX: JHG) manage to surpass the major hurdle on Charts?

Will Janus Henderson Group PLC (ASX: JHG) manage to surpass the major hurdle on Charts?

Summary JHG price settled at AUD 44.85, up by ~5.18 percent in Friday’s trading session and was as one of the top gainers of S&P/ASX 200. JHG’s prices started to firm up by the end of March 2020 and gained ~ 119 percent in 8 mon...

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VISA INC. Price Hits a New Lifetime High

VISA INC. Price Hits a New Lifetime High

Summary VISA INC. gained 1.54 percent in the last trading session and has delivered ~14.81 percent returns in the last one month. Post breaking out of a crucial resistance level the stock hit a new lifetime high. Stock prices are trading in a...

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Perpetual Ltd. Prices above Crucial Resistance Level, Will Bulls Take the Prices Higher?

Perpetual Ltd. Prices above Crucial Resistance Level, Will Bulls Take the Prices Higher?

Summary Perpetual Ltd. (ASX: PPT) has delivered ~19.30 percent returns in the last two months, on Monday the shares gained 4.36% percent. On the daily charts, the stock price has broken a rising wedge pattern on the upside and taking major sup...

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Is Megaport Ltd. (ASX: MP1) Ready for A Big Leap?

Is Megaport Ltd. (ASX: MP1) Ready for A Big Leap?

Summary Megaport Limited’s (ASX: MP1) price witnessed a decent gain of ~26.71% in the past one month from the low of AUD 10.67 tested on March 29, 2021. MP1’s prices witnessed a fall of ~40 percent from a high of AUD 17.67 tested in...

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McDonald's Corp. Prices Continue to Shine, are Investors Loving it?

McDonald's Corp. Prices Continue to Shine, are Investors Loving it?

Summary McDonald's Corp. (NYSE: MCD) gained 0.30% percent in the last trading session and stock prices are hovering near an all-time high. The stock price had broken an ascending triangle pattern on the daily chart and taking major support from...

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Has Deterra Royalties Limited’s (ASX: DRR) Share Price Bottomed Out?

Has Deterra Royalties Limited’s (ASX: DRR) Share Price Bottomed Out?

Deterra Royalties Limited (ASX: DRR), that got demerged from Iluka Resources Limited (ASX:ILU) in November 2020 has seen its share gain  ~16.62% in the past one month from the low of AUD 3.85 tested on March 22, 2021. The company holds royalty...

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