Trendline

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Trendline

A technical chart line that depicts the past movement of a security and that is used in an attempt to help predict future price movements.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Trendline

In technical analysis, a line on a chart representing the price movements of a security. The direction of the line shows whether the security is advancing or declining. Technical analysts use trendlines and patterns within them to determine whether a security or the broader market is bullish or bearish.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

trendline

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trendline
In technical analysis, a straight line or two parallel straight lines that indicate the direction in which a security has been moving, and, many chartists believe, the direction in which it will continue to move. When a security price breaks through a trendline, the beginning of a new trend is indicated.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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The <strong>symmetrical triangle</strong>&nbsp;(also called the coil) is distinguished by sideways activity with prices fluctuating between two converging trendlines. The upper line is declining and the lower line is rising.
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