Trendline
A line on the price or value chart of a security depicting the general direction in which the security is headed. This chart shows an example of an upward trendline:
Investopedia Says:
Many people believe that prevailing trends, either up or down, will determine where a security is headed. Trendlines can be used to analyze individual securities, such as stocks, commodities or indexes, among other things. Related Terms:
Chartist
Diamond Top Formation
Reversal
Sideways Trend
Symmetrical Triangle
Technical Analysis
Technically Strong Market
Technically Weak Market
Trend
Trend Analysis |