Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
The chart above is an example of a simple moving average on a stock chart of Google Inc. (GOOG). The blue line represents the stock price, while the orange line represents the 50-day moving average.
The stock on Monday dipped below the previous support level from March. The relative strength indicator (RSI, below the price chart) had been signaling a negative divergence from price and is now ...