In technical analysis a trendline is a line connecting peaks and troughs on price charts. A line connecting peaks shows where chart resistance is likely, while a line connecting troughs delineates chart support. The longer the trendline has been in place, tested but not broken, the more significant it becomes and the stronger the areas of support a [..]

Definition Technical analysis formation created by drawing a line connecting a series of descending tops, descending bottoms, ascending tops or ascending bottoms. Some technical analysts look for pric [..]

In charting, a line drawn across the bottom or top of a price chart indicating the direction or trend of price movement. If up, the trendline is called bullish

Trendline is an upward or downward line on a price chart. It indicates movements of average prices, as of stocks, over a period of time. In charting, trendline is drawn across the bottom or top of a p [..]

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