This lesson introduces you to some of the basic concepts of technical analysis. Subjects covered include trends, support and resistance, breakout and breakdown and price volume relationships.
Learn about the different types of charts that are available on Fidelity's trading platforms.
Support and resistance are basic tools used by traders to identify key reversal areas. Here’s a look at the basics of support and resistance levels and how to determine which levels might be important in the future.
Trading Tools at Fidelity
Easy to use and customizable, these tools provide real-time, streaming updates as well as the power to track the markets, find new opportunities, and place your trades quickly.
Experience the advantages of Fidelity's Active Trader Services1. Here, you'll find all you need to trade smarter-sophisticated tools, free independent research, and professional support.
Technical analysis focuses on market action — specifically, volume and price. Technical analysis is only one approach to analyzing stocks. When considering which stocks to buy or sell, you should use the approach that you're most comfortable with. As with all your investments, you must make your own determination as to whether an investment in any particular security or securities is right for you based on your investment objectives, risk tolerance, and financial situation. Past performance is no guarantee of future results.