Chartist
Chartist is a term used to describe a type of financial analysis that uses charts and graphs to identify trends in the stock market. Chartists use technical analysis to identify patterns in the price movements of stocks, commodities, and other financial instruments. Chartists believe that these patterns can be used to predict future price movements and make profitable trading decisions. Chartists use a variety of charting techniques, such as trend lines, support and resistance levels, and moving averages, to identify patterns in the market.
History of Chartist
The term “chartist” was first used in the late 19th century to describe a type of financial analysis that used charts and graphs to identify trends in the stock market. Chartists used technical analysis to identify patterns in the price movements of stocks, commodities, and other financial instruments. Chartists believed that these patterns could be used to predict future price movements and make profitable trading decisions.
The use of charting techniques to identify patterns in the stock market has been around since the early days of stock trading. However, it was not until the late 19th century that chartists began to use these techniques to make trading decisions. In the early 20th century, chartists began to use more sophisticated charting techniques, such as trend lines, support and resistance levels, and moving averages, to identify patterns in the market.
Comparison Table
| Analysis Type | Description |
|---|---|
| Fundamental Analysis | Uses economic and financial data to identify long-term trends in the stock market. |
| Technical Analysis | Uses charts and graphs to identify patterns in the price movements of stocks, commodities, and other financial instruments. |
Summary
Chartist is a term used to describe a type of financial analysis that uses charts and graphs to identify trends in the stock market. Chartists use technical analysis to identify patterns in the price movements of stocks, commodities, and other financial instruments. Chartists believe that these patterns can be used to predict future price movements and make profitable trading decisions. For more information on chartist analysis, you can visit websites such as Investopedia, The Balance, and Investing.com.
See Also
- Fundamental Analysis
- Technical Analysis
- Trend Lines
- Support and Resistance Levels
- Moving Averages
- Price Action
- Volume Analysis
- Indicators
- Oscillators
- Candlestick Charts
