What is the Qstick Indicator? The Qstick indicator, developed by Tushar Chande, is a technical momentum indicator used to identify a stock’s trend by looking at the moving average of the difference between a stock’s closing and opening price. To generate insight, the Qstick indicator is generally calculated over a specified period of time. Calculation...
What is Quadruple Witching? Quadruple witching refers to a date where stock index futures, stock index options, stock options, and single stock futures expire simultaneously. The final trading day for stock options is generally the third Friday of every month. The final trading day for index futures, stock index options, and single stock futures is...
What is the January Effect? The January Effect is known to be a seasonal increase in stock prices throughout the month of January. The increase in demand for stocks is often preceded by a decrease in price during the month of December, often due to tax-loss harvesting. An alternative reason for the rise in demand...
What is a Hikkake Pattern? A hikkake pattern, simply known as a hikkake, is a candlestick pattern used by traders to identify a short-term trend in a stock price. The hikkake pattern was developed by Daniel L. Chelser, a Chartered Market Technician (CMT). Understanding the Hikkake Pattern Hikkake is a Japanese word that means to...
What is the January Barometer? The January Barometer is the idea that the investment performance of the S&P 500 in the month of January is representative of the predicted performance of the entire year. For example, if the month of January yields positive momentum, it is said that the remainder of the year will rise...