Technical analysis relies on charts to forecast prices. The goal of technical analysis is to identify particular chart patterns that are thought to indicate directional trends or can predict price ...

The U.S. Dollar Index is testing a key technical level that has triggered major rebounds in the past. Click to read.

Learn More: What is technical analysis? What is a line graph? A line graph connects various data points to show specific patterns over a defined time horizon of interest for an investor ...

Note that the visual example above displays charts for three different stocks to make it easy to distinguish the chart types. Stock charts are used by traders interested in technical analysis.

A rising wedge comprises two converging trendlines that connect higher lows and higher highs. This convergence suggests that upward momentum is weakening. When the price moves below the lower ...

Stella Osoba is the Senior Editor of trading and investing at Investopedia. She co-founded and chaired Women in Technical Analysis. She has 15+ years of experience as a financial writer and ...