Price trend analysis is a method of evaluating the direction and strength of a security's price movement over time. Here are some key concepts and techniques used in price trend analysis:
Types of Trends
1. *Uptrend*: A series of higher highs and higher lows.
2. *Downtrend*: A series of lower highs and lower lows.
3. *Sideways trend*: A period of price consolidation, with no clear direction.
Trend Indicators
1. *Moving Averages (MA)*: A calculation of the average price over a set period.
2. *Relative Strength Index (RSI)*: Measures the