Skip to Content
Technical Analysis: Power Tools for Active Investors
book

Technical Analysis: Power Tools for Active Investors

by Gerald Appel
March 2005
Intermediate to advanced
264 pages
6h 55m
English
Pearson
Content preview from Technical Analysis: Power Tools for Active Investors

Using Divergences to Recognize the Most Reliable Signals

Negative divergences are said to take place when price levels of the investment in question reach new highs, but measures that reflect upside market momentum fail to reach new positive areas.

Positive divergences are said to take place when price levels of the investment in question fall to new lows for the cycle, but measures that reflect downside market momentum fail to decline to more negative areas.

The failure of measures of momentum to confirm new highs or new lows in price by failing to concurrently achieve new peaks or new lows, respectively, indicates a diminishing of market thrust in its current direction. Divergences suggest a more or less imminent market reversal ahead, often ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition

Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition

Tushar S. Chande
The StockTwits® Edge: 40 Actionable Trade Set-Ups from Real Market Pros

The StockTwits® Edge: 40 Actionable Trade Set-Ups from Real Market Pros

Philip Pearlman, Howard Lindzon, Ivaylo Ivanhoff

Publisher Resources

ISBN: 0131479024Purchase book