The 21 chart analysis methods
TickTurn puts all 21 of these to one symbol at once and counts their answers as a single vote each — bullish, neutral or bearish. Here is what every one of them measures, and where the line between those three sits.
Trend (7)
- Moving average crossoverThe oldest way of catching a turn in trend: watch where a short average meets a long one.
- MACDA line drawn from the distance between the 12-day and 26-day exponential averages.
- Ichimoku Kinko HyoA Japanese all-in-one indicator that tries to fit support, resistance, trend and timing onto a single chart with five lines.
- ADX / DMINot an indicator of direction, but one that measures whether there is a trend at all.
- Parabolic SARDots trail the price, and the moment price crosses through them the indicator declares the direction flipped.
- SupertrendA single line offset by the size of recent volatility (ATR).
- Fibonacci retracementMeasures how much of a recent advance (or decline) has been given back, to judge whether the move is still alive.
Momentum (6)
- RSIThe ratio of gains to losses, mapped onto a 0–100 scale.
- Stochastic oscillatorWhere today's close sits inside the high-low range of the last 14 days, as a percentage.
- CCIMeasures how far price has travelled from its average, to catch both where a trend begins and where it has run hot.
- Williams %RHow far price has been pushed down from the high of the last 14 days.
- Disparity indexWhere price sits as a percentage of its 25-day moving average.
- Momentum (ROC)The simplest of them all: today's price against the price 12 trading days ago, with nothing else added — pure speed of change.
Volatility (4)
- Bollinger BandsA corridor two standard deviations either side of the 20-day average, showing where inside it price is travelling.
- Keltner ChannelMuch like Bollinger Bands, except the width comes from actual trading range (ATR) rather than standard deviation.
- Donchian ChannelDraw the highest high and lowest low of a fixed window as two lines, and trade only the moment price cuts through one.
- ATR volatilityHow wide an average day's range is.
Volume (3)
Patterns (1)
- Candle patterns (Sakata's five rules)Reading a turn in sentiment from the shape of a few candles alone.
What the number can and cannot say
The 21 votes add up to the bullish-signal score on the result screen. It is not a probability, and a higher score does not mean a bigger move. How that was tested, and what it cannot say, is written up in how we tested.
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