Price-sensitive techniques
Moving Averages — Gives very good signals in a trending market, but can reduce profits in a trading market.
Relative Strength — This confi rms other methods in trading markets. Users have to keep adjusting the scale in trending markets.
Oscillators — Can confi rm other techniques and indicate whether market is overbought or oversold and should be sold or bought.
Stochastic — Accurate for predicting trading market lows and highs.
Point-and-Figure — Gives acceptable results most of the time, but can be un reliable in strongly trending markers.
Basic Charting — Gives general framework for interpreting most other techniques. Volume analysis is an offshoot of basic charting.
Swing Charting — Works in trending markets. Combine longer and shorter period charts to avoid choppiness in trading markets.
Volume-sensitive techniques
Tic Volume — Same observations apply as for On-Balance Volume. Does not work well in a market with no big players.
On-Balance Volume — Gives good advance warning of when the market will move off the bottom, but is late on tops.
Composite techniques
Elliott Wave — Predicts major market moves. Use other techniques to confirm the times and price levels.