YouGov Growth Potential

robertbanking

Thank you very much for your further clarification coastline that was very kind of you. I very much appreciate your support, i think i am finally understanding this so thanks very much for your explanations. 

I have reviewed the weekly timeframe and the MACD indicator and this makes perfect sense. You can clearly see when the MACD goes negative in 2022 the share price drops also. So for those people that say Technical Analysis is not good, i would rather use this gauge, than buy when the price is moving downwards like in 2022. Obviously the business fundamentals are the same, but this can help you get into a company when the price hopefully is in an uptrend and healthy.   

Can i kindly please ask what you are looking at within the (150day) moving average please? I can see that when volume spikes above 10 in the volume indicator that the price seems to move upwards. If you could please let me know what this shows at the moment, this would mean the world to me.

Thanks again for being an amazing human coastline, this is the first time i have fully understood this. I was reviewing a stock Core Molding Technologies in the US and all the MACD indicators are strong and the stock has moved upwards very strongly, this is something i will implement into my investing, i really appreciate your support coastline.

Honestly i really wish you all the very best and i think combining fundamental analysis with a technical analysis is an amazing idea. Have a fantastic week and look after yourself coastline, i think you are a very intelligent person and you will become very successful. All the best.   

coastline

Look again at the orange MA . It's rising in the early years and price in general is above. 2022 there's a break between 1400-1200 you've got to decide to take profit ? After all TA is only a guide to probability . From then on the orange MA is falling so not good and now flattening so maybe the share is consolidating for another run at the all time high ? You can wait for conformation or buy that's the choice.? All subject to world events of course which is another factor. Why not set it to some other stocks you hold or reviewing.?

YouGov PLC, UK:YOU Advanced Chart - (LON) UK:YOU, YouGov PLC Stock Price - BigCharts.com (marketwatch.com)

Here's the SP 500 Index set to the same indicator. Broke downwards around 4500 ( better to be safe than sorry so you could argue SELL ) Early in 2023 the orange MA is rising again so looking good. Of course it's to be reviewed daily to keep track . Price above MA is a tick on your list.

 S&P 500 Index, SPX Advanced Chart - (S&P US) SPX, S&P 500 Index Stock Price - BigCharts.com (marketwatch.com)

In the daily timeframe and a simple 20 day MA the SP500 is still below . If you're looking to BUY the price below the orange 20 MA isn't healthy short term. Nothing is perfect but little things help.

 S&P 500 Index, SPX Advanced Chart - (S&P US) SPX, S&P 500 Index Stock Price - BigCharts.com (marketwatch.com)

Maybe use a 30 day MA giving you more leeway . Plenty of choices just a case of finding you own way. All TA players are different as there's way too many indicators. Many are similar .

S&P 500 Index, SPX Advanced Chart - (S&P US) SPX, S&P 500 Index Stock Price - BigCharts.com (marketwatch.com)

CMT is motoring so you need to be aware of the momentum and what is priced in .

Core Molding Technologies Inc., CMT Advanced Chart - (ASE) CMT, Core Molding Technologies Inc. Stock Price - BigCharts.com (marketwatch.com)

robertbanking

Thank you very much for your further explanations coastline, that was ever so kind of you. I can now understand the orange moving average chart, thank you very much for taking the time to explain that further. 

I also like that you can run these moving averages on the main S&P 500 Index to give you an idea of the sentiment of the whole market for a country, which is very fascinating. This makes alot of sense to help you guide your entry prices. As i used to research a stock, once it had good fundamentals and prospects for growth i simply bought the stock, but understanding these price movements i feel is very important.

Can i kindly please ask generally how you are doing with your investments using the MACD and Moving Averages to time your entry's, i am guessing your returns are doing much better? Obviously there is the risk the business you invest in could not perform and world events that we have had such as Covid in 2020 which crashed the markets. Do you feel you are getting better returns and using these MACD and Moving Averages generally catches a stock when the sentiment is rising and the stock is increasing please? If you kindly had any thoughts on this i would be forever grateful, thanks so much for your time with this.

Sending you lots of good wishes coastline and i very much hope you, family and friends continue to do well. All the very best to you coastline and thanks so much for your support, it means the world to me.   

coastline

Usually you need more than one indicator to confirm probability and that's all TA can do . Attempt to keep you on the right side of moves . There's nothing perfect as markets are influenced by many factors. 
Once you've bought your stock the long views should keep you guided in general.

In the weekly timeframe MACD as its a kind of slow mover should help . Basically above zero good and below bad.

YouGov PLC, UK:YOU Advanced Chart - (LON) UK:YOU, YouGov PLC Stock Price - BigCharts.com (marketwatch.com)

Another way is the monthly 5 period MA in the monthly timeframe. Again price above good and price below bad. Notice recently things get choppy so it's not much help . To be honest ALL TA systems struggle in choppy sideways movements. There's a flaw but at least your orange MA is reasonably flat and not falling. 

YouGov PLC, UK:YOU Advanced Chart - (LON) UK:YOU, YouGov PLC Stock Price - BigCharts.com (marketwatch.com)

You could just use the two above as a guide to entry but I'm way more active and use a daily timeframe together with two lower indicators and a 10 day MA. Normally just trade the FTSE with one eye on the US markets for external factors. Chart below is very choppy of late but when lower indicators are at extremes Example. High = overbought or low = oversold those are my alerts as they kind of reflect the waves . The orange MA is the guide again where above is good and below bad.

FTSE 100 Index, UK:UKX Advanced Chart - (FTSE UK) UK:UKX, FTSE 100 Index Stock Price - BigCharts.com (marketwatch.com)

If the link works here's my set up on an interactive chart. Stochastic and Williams are curling up from oversold and price is through the 10 day MA. 

 FTSE 100 (^FTSE) Charts, Data & News - Yahoo Finance

A bit better to understand with the SP 500 in recent days. Look at those lower indicators , Stochastic and Williams both at the bottom recently around 4400 . Both oversold so on alert to buy. Buy signal confirmed with price moving through orange MA. You can see I'm dealing in a few weeks a bit like a trader which ain't the same as buying a share to hold for a good period of time.

S&P 500 Index, SPX Advanced Chart - (S&P US) SPX, S&P 500 Index Stock Price - BigCharts.com (marketwatch.com)

Take a look at this site I included it on your original TA thread..

The MACD: The Perfect All In One Indicator? (chartlearning.com)

Chart Learning

robertbanking

Thank you very much for your further help, that is wonderful of you coastline, i very much appreciate these discussions. I am so very glad that you answered my posts and did not know you trade the FTSE, that is amazing, i sincerely hope you continue to do well with that.

That makes alot of sense two technical indicators, would hopefully help you stay on the right side of a price movement. So using a MACD in a weekly timeframe and the monthly 5 period MA could help you guide entry i really appreciate you mentioning that. Thats really interesting you also use a daily timeframe together with two lower indicators and a 10 day MA for trading the FTSE thats amazing and i can see how that works.

Can i kindly please ask have you any books you could recommend to further read on Technical Analysis or can you please share how you built up your skills? I know there is lots of courses online costing £2500 for a trading course, but realistically it seems that the skills can be learned yourself from articles online. Can i kindly ask if you please trade individual stocks using this setup please? I am really grateful for these conversations coastline you have been a star and i appreciate your support.

Sending you lots of good wishes coastline and i very much hope you have a happy and successful week. Wishing you the very best and hope everything continues to go well for you. 

coastline

Don't pay for anything as in general it's for day traders and you are buying shares to hold for a longer period. Put that £2,500 into the market instead.  I've posted TA links on your thread on the 23rd AUG. Take your time and read up.

Technical Analysis Stocks — MoneySavingExpert Forum

Here's a report updated daily and a chart of SP500 with lower indicators and MA's.

A sharp draw of oil inventories last week has erased virtually all of the injection to stockpiles that was recorded earlier this year. (equityclock.com)

Trading Sunset

From your TA thread I mentioned I'd bought TESCO at 246p and sold yesterday at 266p. Quick profit so not bad. Sometimes I just buy if the lower indicators are at extreme levels in this case it's paid off. Bought HSBA at the same time which was up 2% but I've sold as I'm not sure . A profit is a profit. At the end of the day it's more relaxing to trade an index such as SP500 or FTSE using an ETF ( I use VUSA or ISF) Less hassle as you're not pinning your hopes on a single share.

Tesco PLC, UK:TSCO Advanced Chart - (LON) UK:TSCO, Tesco PLC Stock Price - BigCharts.com (marketwatch.com)

robertbanking

Thank you very much for your further advice coastline, you have been a pleasure to talk to and the advice you have shared is truly wonderful. Thanks very much for taking the time to reply.

I remember you stating you purchased Tesco and HSBC and i am pleased you have done well with these holdings. Its clear that these Technical Indicators can be very useful. You have made a quick 10% on Tesco which is wonderful, i am really pleased for you. I will kindly read the Technical Analysis links you provided on my original thread. 

Can i please ask is there a way to do a Technical Analysis on just for instance Tech stocks, is there an Index for the Tech stocks in the US please? As this year we have seen stocks such as Meta and Nvidia really grow nicely over 100%. I know alot of investors were putting money into these stocks. If the indicators on the Tech Index looked good, it might have been wise researching a few Tech stocks just for the momentum.

Sending you lots of good wishes Coastline and i truly hope your success in the stock markets continue. Have a fantastic rest of the week and thanks again for your support it means the world to me. Very best wishes to you.  

coastline

Can use NDX .Daily view with same indicators for short term dealing. August lower indicators oversold so alert to buy. Now above orange MA so confirmed until overbought at top and broken through MA downwards. Quick deal ??

NASDAQ 100 Index (NASDAQ Calculation), NDX Advanced Chart - (Nasdaq) NDX, NASDAQ 100 Index (NASDAQ Calculation) Stock Price - BigCharts.com (marketwatch.com)

Weekly MACD healthy above ZERO.

NASDAQ 100 Index (NASDAQ Calculation), NDX Advanced Chart - (Nasdaq) NDX, NASDAQ 100 Index (NASDAQ Calculation) Stock Price - BigCharts.com (marketwatch.com)

Monthly still above MA so healthy.

NASDAQ 100 Index (NASDAQ Calculation), NDX Advanced Chart - (Nasdaq) NDX, NASDAQ 100 Index (NASDAQ Calculation) Stock Price - BigCharts.com (marketwatch.com)

Just add the symbols and check them all out.

NVIDIA Corp., NVDA Advanced Chart - (NAS) NVDA, NVIDIA Corp. Stock Price - BigCharts.com (marketwatch.com)

Meta Platforms Inc., META Advanced Chart - (NAS) META, Meta Platforms Inc. Stock Price - BigCharts.com (marketwatch.com)

You can pick up indices and sectors here and load TA exactly the same. Some of the lower indicators run at a slower , smoother rate to Bigcharts as they use different settings . It's a matter of choice really.

Market Summary | StockCharts.com

$NDX | SharpCharts | StockCharts.com

Maybe read this for basic TA then go onto your other thread for ideas. Nice and easy this one with stuff explained.

Chart Learning

robertbanking

Thank you so much for all your advice coastline you are amazing, definitely the best member i have met on a forum, you have been of wonderful help. I sincerely hope everything it going well for you.

I very much appreciate all the links you have shared regarding the NASDAQ 100 Index and Nvidia and Meta Platforms stock, that was very kind of you. I have continued to read about Chart Learning and i find it all very fascinating, its definitely going to help me moving forward so i am massively thankful for your support.

Can i kindly please ask i know there is so many indicators such as Oscillators, such as Relative Strength Index, Commodity Channel Index, and MACD Level. Further there is lots of different types of Moving Averages such as Exponential Moving Average (10) and Simple Moving Average (10). I kindly wondered if learning about what all of these mean would help in trying to gauge long term momentum of a stock please? Can i kindly ask would it be an added benefit learning what more indicators mean and especially if you was day trading, or can using just a few be helpful please? If you kindly had time to get back to me with your thoughts it would mean the world to me, i am very grateful for your time.

I hope you have an amazing life coastline and you are a very intelligent person, i sincerely hope you become massive successful. Sending you lots of good wishes and hope you are having a fantastic week. All the very best to you.