Ichimoku Kinko Hyo
Ichimoku Kinko Hyo is a technical analysis tool that uses five lines to assess trends, momentum, support, and resistance: 1. Tenkan-sen: 9-period moving average, representing short-term trends. 2. Kijun-sen: 26-period moving average, indicating medium-term trends. 3. Senkou Span A: Average of Tenkan-sen and Kijun-sen, plotted 26 periods ahead. 4. Senkou Span B: 52-period moving average, plotted 26 periods ahead. 5. Chikou Span: Closing price, plotted 26 periods behind. These elements form the Ichimoku cloud, providing insights on trend direction, support, and resistance. The cloud helps traders make informed decisions.
Related Terms
Delivery Notice
A delivery notice is a formal document issued by the seller in a commodity futures...
Liquidity Risk
Liquidity risk is the chance a company can’t meet its debt obligations due to insufficient...
High Beta Stocks
High Beta stocks are shares that exceed market returns but come with elevated risk. They...
52 Week High
A 52-week high is the peak price of a stock or ETF over the past...
Forward Price
The forward price is the agreed-upon value at which a forward contract is settled and...
Beta of Stocks
Beta measures a stock’s risk relative to the broader market, which has a default Beta...
