Weekly Chart

Filed Under » , ,
Dictionary Says

Definition of 'Weekly Chart'

A chart where each data point is comprised of the price movement for a single week of trading. This type of chart typically shows high, low, open, and close for the whole week and does not show the day-to-day movements of the security. This type of chart is used by technical analysts to gauge the long-term trend of a given asset.
Investopedia Says

Investopedia explains 'Weekly Chart'

A weekly chart can vary in appearance depending on what form of chart the analyst chooses to use. For example, a weekly line chart will only include the weekly closing price while a weekly candlestick chart will display the open, high, low and close for the week. This chart construction is used to give a long-term view of the security as it includes much more historical price movement than an equivalent period day chart.

Articles Of Interest

  1.

    An Introduction To J-Charting

    Learn about a technical tool that's based on the view that markets are energetic systems.

  2. How Market Psychology Drives Technical Indicators

    The tenets of market psychology underlie each and every charting tool.

  3. Trading Multiple Time Frames In FX

    This is often the first - and most costly - level of analysis to be overlooked.

  4. Charting Your Way To Better Returns

    Learn about the powerful hybrid techniques that take advantage of both technical and fundamental analysis.

  5. A Primer On The MACD

    Learn to trade in the direction of short-term momentum.

  6. When To Short A Stock

    Learn how to make money off failing shares.

  7. A Top-Down Approach To Investing

    Use a global view to determine which stocks belong in your portfolio.

  8. Yield Investing: Dividend, Earnings And FCF

    There are numerous ways to value investments, and many investors prefer a specific valuation method. Yield investing is one way to value a stock by comparing the current price to various factors. ...

  9. Top 4 Most Scandalous Insider Trading Debacles

    Here we look at some of the landmark incidents of insider trading.

  10. Market Summary for September 6, 2013

    The major U.S. indices moved lower this week, after a lackluster jobs report sent shares lower on Friday morning.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Network Effect

    A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example...

  2. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...

  3. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.

  4. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.

  5. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.

  6. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
Trading Center