Narrow range bars are characteristic
of tight trading ranges which are not conducive for trading.
Yes, we scan for stocks breaking out
of a tight trading range, both manually and with the Morpheus Stock Screener.
Gold markets seeing one
of the tightest trading ranges in six years while the geopolitical risk index sits at a 15 - year high is unlikely to continue.
As we expected break - outs
of this tight trading range to fail, we placed a sell limit order just above the session high.
Not exact matches
Over the past few weeks, price action has been quiet and volatility has been low, with the price
trading in a
tight range near the highs
of the base:
Bar 7 - Two legged pullback in a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top
of 6 bar
tight trading range, limit order market, sellers scaling in above, buyers below, both scalping.
The U.S. dollar
traded in a
tight range Thursday, as investors pored over a mixed bag
of the latest economic data, a day after the Federal Reserve's...
Gold
traded either side
of unchanged last night in a
tight range of $ 1315.40 - $ 1321.
When an ETF has so much relative strength that it simply
trades in a
tight, sideways
range while the rest
of the broad market is trending lower, it clearly indicates a lack
of selling interest.
Since September
of 2011, the ProShares UltraShort 20 + Year Treasury (TBT) has found support at, and has been consolidating in a
tight trading range between $ 17.80 and $ 19.90.
The U.S. dollar is
trading in a
tight range on Thursday, as investors welcomed a mixed bag
of the latest economic data, further calling into question the next moved
of the Federal Reserve.
Since the beginning
of the second quarter
of this year, spot gold has been
trading in a
tight $ 100
range, with the price
of the precious metal more or less confined in the $ 1,200 - 1,300 per troy ounce band — and investor demand for the yellow metal has been continuing to wane as the global stock - market rally continues unabated.
After gently retracing from the February 25 high
of its recent breakout and
trading in a
tight range for more than a week, the 10 - day moving average has caught up to the price.
With $ NEWR forming a
tight - base near the highs its two - year
trading range, let's walk through the charts
of multiple timeframes to analyze the breakout setup.
We see that region - adjusted P / Es today
trade in a much
tighter range relative to the past when emerging markets
traded at more
of a discount and Japan
traded at more
of a premium.
From February
of 2016 through June
of 2017 IBB
traded in a
tight range from $ 83 to $ 98 while Donald Trump continually fired shots against the healthcare sector.
In Figure 1 you can see that GLD is reaching the end
of a triangle formed by an extremely narrow and ever
tighter trading range.
The silver prices have also been
trading in a
tight range over the last few weeks and again, being the poor cousin
of the gold markets, this is likely to continue in the coming weeks as well.
The gold prices have been
trading and consolidating within a
tight range over the past couple
of days.
It just seems like over the last couple
of weeks it has been going through a
tight trading range, maybe waiting for some news to come out.
Just keep in mind that the dollar was linked to price
of gold in the early years, which is a big reason why it
traded in a
tight range.
After two months
of volatility this currency has settled into a
tight range trade.
In the past five years, the SHY has
traded in a
tight range of less than 2 % from peak to trough.
If you look at most stocks, they
trade in a
tight range, and these traders try to take advantage
of that
range.
Bar 7 - Two legged pullback in a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top
of 6 bar
tight trading range, limit order market, sellers scaling in above, buyers below, both scalping.
In the chart below, we can see an example
of a
tighter consolidation area or «choppy» price action and then a larger consolidation area that was a more defined «
trading range»:
I own 170 shares
of Manulife Financial (MFC) and through this market decline I've watched those shares
trade within a
tight conservative
range as many other global financials have fallen precipitously or failed.
At the end
of the 1966 though 1982 secular bear market the Dow Jones Industrial Average had lost over (17 %)-- it had
traded in a
tight trading range for over 16 years.
If the
trading range is getting
tighter, you may want to set out for a
trade or two as a reversal
of H1 direction is likely occurring.
If your stock
trades in a very
tight price
range throughout the day, then all
of sudden breaks out
of that array, you may use this indicator to short or buy the stock.
After which the market spent most
of the day consolidating in a
tight yet volatile 5 point
trading range.
We see that region - adjusted P / Es today
trade in a much
tighter range relative to the past when emerging markets
traded at more
of a discount and Japan
traded at more
of a premium.
The nation's paramount nuclear power
trade group has launched a wide -
ranging strategy to help generators stay profitable in
tight markets, the head
of the Nuclear Energy Institute (NEI) told Wall Street analysts on April 12.
Amid these fluctuations, the digital currency's price rose to as much as $ 942.06 on 8th January and declined to $ 752.11 on 11th January before
trading between reasonably
tight ranges for most
of the week's remainder, according to the CoinDesk USD Bitcoin Price Index (BPI).
In an informal survey
of lenders, lock volumes were relatively unchanged week - over-week, with mortgages and rates
trading in a relatively
tight range.