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Congestion Area

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Congestion Area
In technical analysis, a series of very similar prices at which a security trades for an extended period of time. For example, if a stock trades between $12.50 and $13.25 for several trading days, this price range is said to be that stock's congestion area. A congestion area indicates that supply and demand for a security are relatively equal; as a result, most technical analysts do not recommend buying or selling such a security until it breaks the congestion area in one direction or another.

congestion area
In technical analysis, a horizontal band on a point-and-figure chart resulting from a stock price fluctuation within a narrow price range. Because a congestion area indicates an equality of supply and demand, technicians wait until the stock breaks through the upper or lower bound before committing funds. See also horizontal count.
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congestion area


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Ó Someday, as technology progresses, the system will communicate directly with in-car and cell phone GPS systems to help drivers avoid high congestion areas by changing their routes based on real-time information instead of guesses.
Proper urban planning, with special attention to vehicular traffic and a mass transport system, should be considered to minimise probable traffic congestion areas," said the report.
Proper urban planning, with special attention to vehicular traffic and a mass transport system, should be considered to minimise probable traffic congestion areas,' said the report.
 
 
 
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