|
|
Technical Analysis |
|
|
Daily technical analysis of key indices, forex and commodities spread betting markets. The spread betting technical analysis looks at ranges, Stochastics, RSI, bullish/bearish trends and possible market moves.
For the latest daily technical analysis for a particular market please see:
|
Stock Market Technical Analysis
Forex Technical Analysis
Commodities Technical Analysis
|
Technical Analysis
A quick look at the latest analysis for the Dow Jones:
|
|
22 May 2013 update -
The Dow Jones spread betting index closed higher on Tuesday. Stochastics and the RSI remain neutral-to-bullish signalling that sideways prices are possible near-term. The mid-range close sets the stage for a steady opening on Wednesday. If the Dow extends the rally off November's low into uncharted territory, upside targets will be hard to project. Closes below the 20 day moving average crossing would confirm that a short-term top has been posted.
|
For more updates, simply choose the relevant market listed above.
Technical Analysis - Spread Betting Charts
To help with technical analysis, spread betting firms like Financial Spreads give clients access to charts.
Many charts let you review historic data in different views and timeframes, eg:
- Candlesticks, Bar, Line and Area.
- Timeframes: you can set the timeframe to be in 1, 2, 3, 5, 10, 15 & 30 minute intervals, 1, 2 & 4 hour intervals as well as 1 day, 1 week and 1 month intervals.
Firms like Financial Spreads also offer some of the more advanced charting features such as
- Free 'Back Testing' tools
- Free price alerts
- Drawing features for Fibonacci time-zones, fans and arcs
|
|
|
Technical Analysis Charts
The following spread betting companies provide clients with access to charts.
Charting may also be available with other companies - notes.
Technical Analysis Indicators
|
Technical Analysis - Trend Indicators
You might have heard the term ‘trade with the trend’ in relation to trading. Those who use trend indicators believe the market has certain up and down trends which can be used to predict future prices.
One of the simplest technical indicators is the moving average. Many traders use 14 day or 28 day moving averages on which to base their trading decisions. They believe that if the price starts trading above average, chances are it will continue to do so for some time and vice versa. If it should drop below average it will most likely continue to drop for a while.
Technical Analysis - Momentum Indicators
This type of indicator aims to pick up when the market gains or loses momentum. They are often oscillating indicators, showing when the market is oversold or overbought. Examples include Stochastic Indicators and the RSI.
Technical Analysis - Volatility Indicators
Volatility indicators pick up changes in market volatility. This can, for example, be a sudden change in the average movement of the price during a specific time period. Examples include Bollinger Bands and the ATR (Average True Range).
Technical Analysis - Volume Indicators
Volume indicators react to a sudden change in market volumes. If a price breakout is combined with high volumes, this is, for example, seen as a very bullish signal. Examples of volume indicators include the OBV and the Demand Index.
|
What is Technical Analysis?
You will find that there are a large number of variables that could determine the current price of a given market. Ultimately it depends on how much money investors are inclined to buy/sell it at.
Whether or not a specific commodities market, share or forex rate moves lower or higher will often depend upon the market's sentiment towards an industry or company.
This suggests that if market optimism decreases, prices can dip. Then again, of course, growing confidence can often turn into rising price levels. Note that with derivates products like spread betting an investor can speculate on a market to drop.
Many speculators decide to use a blend of fundamental analysis and technical analysis when evaluating the markets.
A trader using solely technical analysis bases their viewpoint on indentifying price trends in historic data and as a result candlestick charts are normally very helpful.
Considering the fact that a number of candlestick charts enable you to examine market movements covering 30, 10, 5 and even 1 minute intervals then technical analysis often attracts short term traders and day traders.
The basic principle of technical analysis is that all the details about a given market are already built into any price trends.
As a consequence, there's no requirement to cover the current financial news and market information etc due to the fact any such elements are, in theory, reflected in the current market level.
Then again, whilst this can be a fast and useful analysis, the principal drawback is the fact that this type of analysis is based solely on historic data. Just because a given share has been falling, that does not guarantee that it will continue to fall.
With financial spread betting you can lose more than your original stake or investment. Spread betting carries a high level of risk to your capital. Please familiarise yourself with the risks that are involved and before trading, ensure that financial spread betting matches your investment objectives. Seek independent advice where necessary.
Technical Analysis - edited by MJ, 22 May 2013.
For related pages and articles see:
Spread Betting Blog - blog last updated: 21 May 2013
The daily financial spread betting blog with a range of trading views, news and spread betting opinions from the analysts on the inside. The financial spread betting blog also ...more: Spread Betting Blog.
Technical Analysis - analysis last updated: 22 May 2013
Technical Analysis - daily technical analysis of key indices, forex and commodities spread betting markets. The spread betting technical analysis looks at ranges, Stochastics, RSI, bullish/bearish trends and possible market moves across ...more: Technical Analysis.
Spread Betting Companies - article last updated: 22 May 2013
Spread Betting Companies - a look at the leading financial spread betting companies, with a price comparison, service comparison, in-depth reviews, a guide to the markets offered and ...more: Spread Betting Companies.
Spread Betting Offers - article last updated: 22 May 2013
Spread Betting Offers - the latest offers from the financial spread betting companies ...more: Spread Betting Offers.
Why Day Trade and Spread Bet? - Tips last updated: 15 May 2013
In part 1, Spread Betting and the Downside to Day Trading, we discussed some of the negatives and pitfalls of day trading and spread betting. But what about the positives? What are the benefits for the day traders who like the ...more: Why Day Trade and Spread Bet?.
InterTrader - review last updated: 09 May 2013
InterTrader - an InterTrader account offers spread betting and CFDs on thousands of global markets. InterTrader provides 24 hour trading with no brokers' fees and no commissions. There is also mobile trading, live charts and ...more: InterTrader.
Advanced Spread Betting Charts - review last updated: 02 April 2012
InterTrader now offers clients free access to advanced charts. The charts offer 70 preset technical indicators, enabling complex technical analysis. Investors can also create their own indicators ...more: Advanced Spread Betting Charts.
Fixed Spreads with InterTrader - review last updated: 09 May 2013
Fixed Spreads with InterTrader: The InterTrader spreads stay tight when you need them most. InterTrader believe that the only consistent spreads are fixed spreads and not ...more: Fixed Spreads with InterTrader.
Forex Spread Betting Analysis: Euro Maintains Bull Run Despite Losing Momentum - review last updated: 22 July 2011
The bull run we have seen in the Euro on the forex spread betting markets since the middle of February seems to have lost momentum at present. Going strictly according to the forex analysis provided by ...more: Forex Spread Betting Analysis: Euro Maintains Bull Run Despite Losing Momentum.
ETX Capital - review last updated: 16 November 2012
ETX Capital Spread Betting - ETX Capital offer tight dealing spreads, tax free* and commission free spread betting. With an ETX Capital account you can spread bet on thousands of markets from £0.50 per point. There's also 24 hour trading, 24 hour customer service and ...more: ETX Capital.
Day Trading and Spread Betting - Tips last updated: 07 August 2009
Day Trading and Spread Betting, the perfect match or the regulators nightmare? Amongst other things, regulators like the Financial Services Authority are supposed to protect the retail investor (that's you and me). However, Day Trading and Spread Betting combine to provide ...more: Day Trading and Spread Betting.
Financial Spread Betting Background - review last updated: 26 May 2008
Financial betting acts in parallel to the actual City. Prices are primarily set by the underlying market and quoted by the spread betting companies. So why use a spread betting ...more: Financial Spread Betting Background.
Spread Betting on the Housing Market - Feature last updated: 16 October 2008
Spread Betting on the Housing Market: If you are considering trading UK house prices then it is worth noting that if you spread bet on house prices you can gain a simple exposure to fluctuations in ...more: Spread Betting on the Housing Market.
Spread Bets on Retail Sector Shares - Feature last updated: 16 October 2008
Spread Bets on Retail Sector Shares: Long term share based Investors and short term spread betting investors will be looking to focus on those whose underlying costs are below the norm and the biggest differential must be on the ownership of the ...more: Spread Bets on Retail Sector Shares.
Spread Trading the Banking Sector - Feature last updated: 19 September 2008
Spread Trading the Banking Sector: Unfortunately if a bank lends you money it, not unreasonably, wants to make a profit on the deal. If they can only get hold of funds at 6% then they ...more: Spread Trading the Banking Sector.
Spread Betting - article last updated: 22 May 2013
The Spread Betting website - free spread betting news, strategies and tips, spread betting company reviews, price comparisons, important spread betting account options and ...more: Spread Betting.
|
|
|
|
|
With spread betting you can lose more than your original stake or investment. Spread betting carries a high level of risk to your capital so please familiarise yourself with the risks that are involved and, before trading, ensure that spread betting matches your investment objectives. Seek independent advice where necessary.
|
* Based on current UK tax law. Tax law may change and can differ depending on your personal circumstances.
|
|
|
|
|
