™A chart may display technical analysis differently on daily and weekly timeframes, so the timeframe and calculation method should always be identified.
Technical Analysis
Technical analysis
Study of price, volume and related market data to evaluate behavior and patterns.
Plain-English context
Why it matters
Chart terms organize observed price and volume behavior, but they remain descriptions rather than guarantees.
Treating Technical analysis as a prediction instead of one piece of historical context.
Use current definitions. Product terms, tax treatment and market rules can change. Confirm important details with official disclosures, regulators and regulated providers.