Option Investor

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Point and Figure

One of the older charting techniques used in technical analysis. A point and figure chart is constructed in a unique way using much the same data as many other techniques. Price movement data is plotted without regard to time. Every time the price of the stock moves upward, an X is placed in a column. As long as the stock continues to move higher the X's are placed in the same column. Should the stock make a negative move, an O is placed in the next column over. Each time the stock moves lower, another O is placed in the column. Over time, the point and figure chart will help to define the general direction of a trend more clearly.