Pavan Sharma

Where will the stock market be in 50 years?

Since peaking in September 2016 the stock of Metro Performance Glass (MPG) have been on a downtrend. This is reflected on the daily 1 year chart above and on the 5 year chart to the right and is evidenced by a simple 50 day moving average that for the mo

The stock is currently trading below the moving average after a poor earnings update. Over the short term the technical picture is bearish. QBE has an interesting chart. The price action appears to be cyclical over the long term. Therefore the best p

There is not much to say about this chart, most of the price action has occured within the band that we have highlighted on the chart. We believe that this will onen day act as either a significant area of support or resistance. The stock has been in a c

The stock is trading near 52 week highs at around the same price that it was trading 1 year ago. The chart can be divided into two halves. The frist half of the chart running through to March/April 2017 was charactised by choppy and volatile price actio

TGH is forming a new base after potentially emerging from a downtrend

The chart shows that TLS has been in a downtrend for the last year. This trend has extended for the last 2 and a half years as per the 5 year chart on the right. The price action for the last year has been characterised by 4 gaps to the downside, each o

Whatever way you cut it the SHOP chart is a thing of beauty. The stock price has ridden the fundamental growth of its underlying business. The stock provided investors an opportunity in December last year when it broke out of a 4 month consolidation on

Global markets were higher overnight as stronger-than-expected US economic growth data outweighed concerns around escalating tensions between the US and North Korea.