Slow Stochastic Indicator
What is the Slow Stochastic Indicator? The slow stochastic indicator is a technical momentum indicator that aims to measure the trend in prices and identify trend reversals. George Lane developed the indicator, which is driven by two parameters – the lookback period and the smoothing parameter. The lookback period is the period over which the...
Fibonacci Retracements
What are Fibonacci Retracements? A Fibonacci retracement is a technical indicator used to identify support and resistance levels in a time series of prices or index levels. Unlike many technical indicators, Fibonacci retracements cannot be used directly to generate buy and sell signals. Instead, they are used as guides in conjunction with other indicators to...
High Close
What is High Close? High close is a trading strategy used right before the market closes for stock price manipulation. Traders attempt to make small trades at high prices during the last few minutes before the market is closed to leave an impression that the stock’s performed well. The high close strategy’s been criticized for...
Near Term
What is “Near Term”? The phrase “near term” is used to describe and/or refer to a period that is not too far into the future. In essence, “near term” describes events that are likely to occur soon. The phrase is commonly used to depict the time frame during which a change or event is anticipated...
KBW Bank Index
What is the KBW Bank Index? The KBW Bank Index serves as a benchmark that is used to track the performance of leading banking institutions and publicly-traded assets in the United States. The KBW Index comprises 24 banking equities/stocks that represent regional banks, thrift institutions, and/or national money centers in the United States. Hence, the...
