Weekly Chart

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.

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'Weekly Chart'

  • Triple Screen Trading System - Part 3

    http://www.investopedia.com/articles/trading/03/050703.asp
    ... stocks to trade on a daily basis, the trader looks for a single uptick or a downtick
    occurring on the weekly chart to identify a long-term change of trend. ...
  • Tiger Trading: Long-Term Charts For Short-Term Currency Trades

    http://www.investopedia.com/articles/forex/11/long-term-currency-trading-strategy.asp
    ... To get the overview of the market and the way it has been trading, we should always
    look to the weekly chart. ... What is Special About the Weekly Chart? ...
  • Profit from Oil's Seasonal Low

    http://stocks.investopedia.com/stock-analysis/moneyshow/ProfitfromOilsSeasonalLow.aspx
    ... The weekly chart shows resistance at $69 with major resistance from 2008 in the
    $72-$75.40 area; ... The weekly chart shows a pretty normal corrective pattern. ...
  • Momentum Trading With Discipline

    http://www.investopedia.com/articles/trading/03/092403.asp
    ... If your time frame of comfort corresponds to the daily charts, then you should analyze
    the weekly chart to determine the relative bullishness or bearishness of ...
  • Follow the Tech Leaders?

    http://stocks.investopedia.com/stock-analysis/moneyshow/FollowtheTechLeaders.aspx
    ... Chart Analysis: The weekly chart of the Powershares QQQ Trust (QQQ) shows that the
    uptrend from the 2009 lows, line b, was broken this week, but a close below ...
  • Multiple Time Frames Can Multiply Returns

    http://www.investopedia.com/articles/trading/07/timeframes.asp
    ... Because the daily chart is our preferred time frame for identifying potential swing
    trades, the weekly chart would need to be consulted to determine the ...
  • Keep It Simple - Trade With The Trend

    http://www.investopedia.com/articles/forex/09/trade-with-the-trend.asp
    ... But for speculators a weekly chart can be accepted as the "long term." Averages
    Moving in Pairs With a weekly chart as the initial reference, we can then go ...
  • Can Insiders Help You Make Better Trades?

    http://www.investopedia.com/articles/technical/03/120303.asp
    ... Figure 1 – Weekly chart of the S&P 500 between 1997 and 2003. Numbers
    below price correspond to periods of low insider selling ...
  • 9 Tricks Of The Successful Forex Trader Slideshow | Investopedia

    http://www.investopedia.com/slide-show/successful-forex-tricks
    ... What shows up as a buying opportunity on a weekly chart could, in fact,
    show up as a sell signal on an intraday chart. Therefore ...
  • Caution, Earnings Ahead

    http://stocks.investopedia.com/stock-analysis/moneyshow/CautionEarningsAhead.aspx
    ... EBAY) has earnings due out on Wednesday (July 20) and the weekly chart shows a broad
    trading range, lines a and b, that has been in effect since last November. ...

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