One reason is that Microsoft's stock has been stuck in a trading range for five years.
The weekly OBV is still holding in its trading range and is holding above key support.
For 18 months, the OBV for corn was in a trading range, lines e and f.
The Nasdaq will dog-paddle in a small trading range, maybe getting to 2500, maybe not.
This may eventually soften crude oil prices, which remain locked in a trading range.
FORBES: The Week Ahead: Will Plunging Stocks Sink Vacation Plans?
For the past seven weeks, EWS has been in a fairly tight trading range.
The weekly chart appears to be forming a broadening trading range (lines a and b).
The broad trading range was resolved in November, as the Dow eventually breached the 1, 000 level.
The weekly chart shows a more than four-month trading range (lines e and f).
Anything other than that, you can get chopped up in a sideways trading range.
Once the trading range has run its course, the next meaningful trend takes place.
Typically, stocks trend up or down for a while then consolidate in a trading range.
The daily OBV (not shown) is above its WMA, but still locked in a trading range.
This suggests that UTHR may be closer to breaking out of its recent trading range.
The daily chart shows a broad trading range (lines f and g) over the past month.
The monthly chart shows the trading range that developed from 2004 through early 2009, line a.
The currency has not fallen far enough to break out of this 1.05-06 trading range.
That's one reason the stock has been stuck in a narrow trading range the past two years.
The daily chart shows a broad trading range, lines f and g, which goes back to June.
The daily chart shows a broad trading range (lines b and c) since the early September highs.
The relative performance broke out of its trading range in November after bottoming earlier in the year.
This trading range was completed last month, as CWH has dropped over 23% from the July highs.
Chart Analysis : GMCR broke out of its trading range on February 3 after beating earnings estimates.
This completed the recent trading range (lines e and f) that goes back to the early February highs.
The weekly on-balance volume (OBV) has also broken out of its trading range (lines f and g).
Gold broke out of its recent trading range in impressive fashion, and looks ready to go even higher.
FORBES: The Week Ahead: Are Hedge Fund Investors Bailing Out?
The real weakened shortly afterwards, but went right back to the trading range within a couple of months.
FORBES: Brazil Companies Overdosing on Dollar Debt; Govt Puts the Breaks On
This consolidated trading range is keeping most players happily on the sideline and away from any illiquid trouble.
FORBES: Currencies Stall as Weak European Data Weighs on Germany
Mean reversion would indicate that the VIX should eventually return to levels close to its prior trading range.
FORBES: U.S. Stock Futures Higher After Fed; Netflix Upgraded to Buy at Citi
The daily RS line has moved back above its WMA, but is still in a short-term trading range.
应用推荐