The Analysis of the stock trend is very important before creating a portfolio, only this would help to understand the stock trends. As per the rise and fall of stocks, the trends move UP, Down, or sideways.
The trends are categorized as short term and long term.
Let us learn how to Analyse stock trend
1 What are Stock Trends?
Stock trends helps us to know the stock market in complete
The market trendlines and share actions tells us about the Stock trends, All the stock trends are categorized into uptrends, downtrends and sideways.
When the prices are closed higher than the day before then the trend can be termed as an Uptrend,
When the prices are closed lower than the day before then the trend can be termed as Downtrend
The price movement neither improve nor fall but remains stagnant then the trend can be termed as Sideways,
Candlesticks helps us to know if the ongoing trend is an uptrend, or sideways. With the help of the Candlesticks, traders can:
· Know the completion of trades
· Shows buying or selling pressure
What is Bear Market/Trend?
The heavy selling pressure when there is a fall in prices of about 20–30% is identified as Bear market/trend, or the Downward trend is called as Bear Market or Bear Trend
Here are the 5 powerful Bear Candlesticks which will help to analyse if the ongoing trend will continue or reverse.
· Hanging Man
· Dark Cloud Cover
· Bearish Engulfing
· The Evening Star
· The Three Black Crows
What is Bull Market/Trend?
The heavy buying pressure when there is a rise in the prices of about 20–30% is identified as Bull market/Trend, or the Upward trend is called as Bull market or Bull trend
Here are the 5 powerful Bull Candlesticks which will help to analyse if the ongoing trend will continue or reverse.
· Piercing Pattern
· Bullish Engulfing
· The Morning Star
· The Three White Soldiers
How to learn the analysis of Stock Trend?
The first and foremost thing to do is Practice and have patience. You know “Practice makes participants perfect”. The best way to practice is using simulators or fantasy games.
There are fantasy games which are related to stock market, like; BYSOS Stock Fantasy Game, you can play games, learn the stock analysis, and earn real cash. Click here to Play
BYSOS allows you to create a portfolio of stocks, this helps you to know how the stock market is trending. You will need to analyse the share prices of companies which are listed in NSE and select 12 out of given 20 stocks in the BYSOS Stock Fantasy App. The best portfolio will be eligible to top in the ranking list and be a champion.