The Stock Stethoscope

|STANDARD DEVIATION (SD)|TECHNICAL ANALYSIS INDICATOR|

The Standard Deviation (SD) is a popular indicator used in technical analysis of the stock market. It is a statistical measurement that calculates the amount of variability or dispersion in a set of data points, typically a stock’s closing price over a given period. It is used to measure the volatility of a stock, which…
GENERAL TERMS USED IN THE STOCK MARKET REGULARLY

1) What is stock market index? A stock index or stock market index is a measurement of a section of the stock market. It is computed from the prices of selected stocks. It is a tool used by investors and financialmanagers to describe the market and to compare the return on specific investments. You may…
|AWESOME OSCILLATOR|TECHNICAL ANALYSIS INDICATOR|

The Awesome Oscillator is a technical analysis indicator developed by Bill Williams. It is used to measure market momentum and is based on the difference between a 34-period simple moving average (SMA) and a 5-period SMA, both applied to the median price (HL/2). The Awesome Oscillator is represented by a histogram that fluctuates above and…
|KELTNER CHANNELS|TECHNICAL ANALYSIS INDICATOR|

Keltner Channels is a technical indicator that is used by traders and investors to identify potential price breakouts, trend changes and volatility in the market. The indicator is named after Chester Keltner, who introduced it in his 1960 book, “How to Make Money in Commodities.” Keltner Channels are plotted using three lines: a middle line…
|DONCHAIN CHANNEL|TECHNICAL ANALYSIS INDICATOR|

Donchian Channels is a technical analysis indicator developed by Richard Donchian in the 1970s. The indicator is used to identify the current price range of a security or asset, and to determine the direction of the trend. The indicator is composed of two lines, known as the upper and lower channels, which represent the highest…
|ACCUMULATION/DISTRIBUTION LINE (A/D Line)|TECHNICAL ANALYSIS INDICATOR|

The Accumulation/Distribution Line (A/D Line) is a technical indicator used by traders and investors to analyze the flow of money into or out of a security. The A/D Line indicator was developed by Marc Chaikin and is based on the idea that volume precedes price movement. The A/D Line measures the amount of buying and…
|SUPERTREND|TECHNICAL ANALYSIS INDICATOR|

SuperTrend is a technical indicator used by traders to identify trend direction and potential entry and exit points. It is a popular indicator among traders who use trend-following strategies. The SuperTrend indicator is based on the Average True Range (ATR) and the price movement of the asset being traded. The ATR is used to determine…
|AVERAGE TRUE RANGE (ATR)|TECHNICAL ANALYSIS INDICATOR|

The Average True Range (ATR) is a technical analysis indicator used to measure the volatility of an asset. Developed by J. Welles Wilder, ATR is a moving average of the true range over a certain period of time. The true range is the largest of the following three values: the distance between the high and…
|MONEY FLOW INDEX (MFI)|TECHNICAL ANALYSIS INDICATOR|

The Money Flow Index (MFI) is a technical indicator that uses both price and volume data to measure buying and selling pressure. It was developed by Gene Quong and Avrum Soudack and was introduced in their 1994 book, “The Insider’s Guide to Trading the World Stock Markets.” The MFI is calculated using a combination of…