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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 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

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

Where will the stock market be in 50 years?

The HSO chart represents the difficulties that can face investors when trying to pick a bottom. The question is always, how low can it go? In the case of HSO the 1 year chart is dominated by 2 significant gaps on company annoucements. The first occured

Global markets were higher overnight as largely upbeat economic data pointed to strength in the US economy and investors cheered Treasury Secretary Steven Mnuchin’s positive comments on tax reform.

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

Global markets were lower overnight on rising tensions around North Korea, however the US market managed to recover over the course of the day. Both the ASX and NZX experienced selling yesterday as news of a fresh North Korean missile test which flew ove

Global markets were mixed once again overnight, as the US market continues to trade in a tight range with the energy sector weighing on the market.