Investor Glossary-point-and-figure chartInvestor Glossary-point-and-figure chartInvestor Glossary-point-and-figure chartInvestor Glossary-point-and-figure chartInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Point-and-figure Chart

The HTML to link to this page
 

A point-and-figure chart shows filtered price movements of a stock over time and is used by technical analysts to determine price support and resistance levels for a given stock. Price movements on a point-and-figure chart are represented as either a rising column of Xs or a falling column of Os. Each column on a point-and-figure chart indicates an uptrend or a downtrend. New columns are added to the point-and-figure chart when the stock price changes direction by a pre-determined reversal amount. Technical analysts who use the point-and-figure chart method cite its ability to filter out insignificant price movements and remove the effects of time as reasons for preferring point-and-figure chart information to more traditional bar charts. In addition, a point-and-figure chart makes trend lines easy to recognize.



Rate this point-and-figure chart definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: reverse mortgage, current ratio, phantom income, APR, limit order, class C shares, labor relations, diluted share, covered put, dividends payable, debt service coverage, option premium, per diem, irrevocable trust, stock split, inflation, cancelled check, risk management, required rate of return, 1035 exchange, FICO score, 144a, minority interest, Key Rate Duration, average price per share, deferred revenue, liquidity ratio, command economy, annual return, LIBOR, quality assurance, VIX, ex-dividend, ex-dividend date, open position, in escrow, wholly-owned subsidiary, EBITDA, implied volatility, retained earnings, balance sheet, deferred tax, margin rate, 1031 exchange, Zero Cost Collar, FTSE, stock market close, 401a, real GDP


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use