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Buy Signal

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Buy Signal
In charting and technical analysis, any condition thought to be favorable to buying. Examples include a double bottom and achieving a new high price in heavy trading volume. See also: Sell Signal.

buy signal
An indication provided by a technical tool, such as a bar chart or trading volume, that a particular security or securities in general should be purchased. For example, the achievement by a stock of a new high price on heavy trading volume is often interpreted as a buy signal. Compare sell signal.


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GLD ETF trading – pivot trading low Last week we had our pivot trading low generate another buy signal for gold.
7087 or drop down to a 4-hour chart and use your favorite oscillator like Stochastics or RSI to indicate a buy signal from the oversold area.
In other words, all those "watchers" of the company mentioned above know the company is doing well so they have been buying its stock and have therefore caused the technical buy signal to be generated.
 
 
 
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