Page 1172 - How to Make Money in Stocks Trilogy

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5,000,000
8,000,000
1,800,000
3,000,000
Volume
13
14
12
10
11
24
22
Price
50
19
17
15
10-Week Moving Average Line
Much higher volume than normal
Relative Strength Line: Compares stock’s
Dec 10
price performance vs. S&P 500
40-Week Moving Average Line
for this stock
Weekly charts give you a longer term perspective and help you see the stock’s underlying trend.
Sep 10
Jun 10
Horizontal line shows avg. volume
Mar 10
over last 10 weeks
Dec 09
Volume (number of shares traded) Jun 09
Sep 09
Price: 46 42 - Vertical bar shows price range for week 38 - Horizontal line shows closing price 34 30 28 26 Don’t Invest Blindly: Use Charts to See the Best Time to Buy and Sell 157
How to Read WEEKLY Charts PRICE AREA Black Bar* Up Week Down Week Red Bar *Up weeks in blue in IBD Charts on Investors.com VOLUME AREA Mar 09 Dec 08 Sep 08