When trading stocks, you will analyse data to decide when to buy or sell. Traders use technical analysis tools to help predict future stock prices by looking at past price patterns and market trends. When it comes to technical analysis, there are many tools that stock traders in Singapore employ to try and predict future price movements. Some popular technical analysis tools include trend lines, support and resistance levels, moving averages, candlestick charting, and Fibonacci retracement levels. Navigate here to start using technical analysis tools for yourself.

Trend lines

A trend line joins two or more price points with a straight line on a chart. It is used to show the overall direction of the market. Uptrends are markets where prices consistently make higher highs and higher lows. Downtrends are markets where prices consistently make lower highs and lower lows.

Support and Resistance Levels

Support and resistance levels are key price levels that traders closely watch because they act as reversal points in the market. The market tends to find buyers and move higher at a support level. A resistance level is where the market tends to find sellers and start moving lower.

Moving Averages

A moving average conveys the average price of a security over a certain period. Traders use moving averages to identify trends and trend reversals. There are different moving averages, but the most common ones used by traders are the simple moving average (SMA) and the exponential moving average (EMA).

Candlestick Charting

Candlestick charting is a favoured tool used by traders to analyse price data. Candlestick charts show a security’s open, high, low, and close prices over a certain period. They also provide information on whether prices are rising or falling.

Fibonacci Retracement Levels

Fibonacci retracement levels are technical analysis tools traders use to identify support and resistance levels. Fibonacci retracement levels are based on the Fibonacci sequence, a series of numbers where each number is the sum of the two previous numbers.

Relative Strength Index (RSI)

The relative strength index (RSI) evaluates the speed and change of price movements. The RSI is used to identify overbought and oversold conditions in the market. It is also used to spot divergences and discrepancies between the price action and the RSI.

Bollinger Bands

Bollinger bands are technical analysis tools that are used to measure market volatility. Bollinger bands are created by plotting two standard deviations above and below a moving average. They help traders identify when the market is overbought or oversold and can also be used to spot divergences.

MACD

The moving average convergence divergence (MACD) is a technical indicator that shows the relationship between two moving averages. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The MACD line is plotted on a separate graph below the price chart and is used to identify trend reversals.

Pivot Points

Pivot points are technical analysis tools traders use to identify potential support and resistance levels. Pivot points are calculated using a security’s high, low, and close prices. There are different types of pivot points, but the most common ones used by traders are the standard pivot point (SPP) and the Fibonacci pivot point (FPP).

Ichimoku Cloud

The Ichimoku cloud is a technical indicator that shows the average price of a security over a certain period. The Ichimoku cloud is created by plotting two standard deviations above and below an average price. Traders can use the cloud to identify trends and trend reversals and to spot divergences.

Stochastic Oscillator

The stochastic oscillator is a technical indicator that measures the speed and change of price movements. You can calculate the stochastic oscillator by subtracting the 14-period low from the 14-period high. The stochastic oscillator is plotted on a separate graph below the price chart and is used to identify overbought and oversold conditions in the market.

Average True Range

The average true range (ATR) is a technical indicator that measures the volatility of a security. The ATR is calculated by taking the sum of the 14-period high and the 14-period low and dividing it by two. The ATR is plotted on a separate graph below the price chart and is used to identify trends and trend reversals.

Wellman Shew Explains Why Umbrella Insurance is a Must

Umbrella insurance is a commonly forgotten insurance policy. Insurance Agency Manager Wellman Shew explains why it’s a must for residential and commercial clients alike.

FRESNO, CA, USA – Insurance policies are expensive, which means that many people try to cut corners to save money on premiums. When this happens, the policies don’t have enough coverage for some of the larger claims.

Every insurance policy has insurance limits, as Wellman Shew explains. The owner of Shew & Company Insurance Services urges everyone to look at the details of a policy to see how much the insurance company will pay out in the event that a claim is filed.

If the total damages add up to more than the maximum payout in the policy, the remainder becomes the financial responsibility of the insured…or the at-fault party. In some instances, the remainder can add up to thousands if not tens of thousands of dollars.

Wellman Shew recommends an umbrella insurance policy as a way to prevent a person or company from going bankrupt over a single insurance claim.

What is Umbrella Insurance?

Umbrella insurance is described as the kind of insurance that is needed for a rainy day. Everyone assumes that nothing bad will happen to them, so they skimp on their insurance needs. Wellman Shew explains that umbrella insurance serves as the umbrella over all of a person’s individual policies.

In the event that auto insurance, home insurance, or even medical insurance doesn’t cover the full extent of a claim, umbrella insurance will step in to cover the additional expenses.

There are countless options when creating an umbrella policy in terms of what policies it will cover as well as how much the policy should be worth. While some people choose small coverage levels, others choose larger ones. It is often dependent on the value of existing policies.

Agency Manager Wellman Shew Identifies the Benefits

Umbrella insurance is often forgotten because it’s not a common policy. Most insurance agents don’t sell it or promote it because the average insurance customer is looking to save money – not spend money on added coverage.

There are considerable benefits to the policy, however.

• Affordable premiums
• Prevents having to pay out of pocket
• Adds coverage to multiple policies

Agency Manager Wellman Shew has worked extensively with companies on group employee benefit programs. He has also worked with personal insurance and business and estate life insurance. He has seen firsthand how one claim can be filed that far exceeds what most people can afford.

His recommendation to everyone is to look at the coverage levels of all policies. An umbrella policy can be added with an affordable premium. And the protection that it can offer will pay for itself within one claim being filed.

Mortgages are one of the most popular services offered by banks. This allows you to pay for different types of expenses and different types. Banks often charge interest rates on interest rates and charge interest rates. You must repay the loan instantly each month within a specified time. The two most common types of loans people get are personal loans and business loans. So let’s see the difference between a personal loan and a business loan:

If you are a citizen of ang mo kio & you need a loan then you must check out Sumo Credit Pte Ltd, they are good at personal loan in ang mo kio.

What is a personal loan?

Whether it is a planned event like a wedding or kitchen decor or an unexpected disaster such as a medical emergency, a personal loan can save you money in the form of financial hardship. It is offered by banks, NBFCs, and moneylenders. Personal loans are a good option to meet all your financial needs quickly. This type of loan is also called an unsecured loan because it does not require you to take a bank loan.

What is a Business Loan?

If you are planning to start a business, a business loan can give you a good start to cover your expenses. If you have a stable business but plan to upgrade your technology, invest money, or find new talent, you can choose a business loan that will meet your needs.

Personal Loan vs Business Loan

• An important difference between a personal loan and a business loan is the terms under which the bank determines your eligibility. Lenders usually check your debt to personal loan income ratio and forward the loan with at least paperwork. For a business loan, you may need a business plan, bank account, income statement, and so on. to make available. The emphasis is on business loans rather than personal credit.
• Personal loans can be used for any purpose and you usually don’t need to provide any explanation to the lender when you get them. However, for a business loan, you need to determine the reason and how you intend to use the credit in your business.
• When comparing individual loans to business loans, it should be noted that the former are usually unsecured loans, which do not require collateral. For business loans, the bank may ask you for office space, factories, etc. the mortgage, if the loan amount is high.
• Naturally, the process of applying for and disbursing personal loans is relatively fast. A business loan requires some processing, paperwork, and due diligence on the part of the bank before it can approve and pay the loan amount.