Join Dstockmarket's Community - Daily Market Analysis, Individual Stock Analysis.

Join Dstockmarket Telegram Group

Join Dstockmarket Facebook Page

Why Investors Should Use Monthly Charts To Do Analysis

Monthly charts give us clues to a secular bull market or bear market in an index or a stock. You can also spot very important clues to the direction of the market using monthly charts. Sometimes, very important support areas can be easily discovered if only you learn how to use monthly charts.

There is tremendous value in looking at the monthly charts of an index or a stock. If you are a long term investor, you should definitely study the monthly charts. Large traders who manage a huge amount of money should also study monthly charts. When you are managing billions, you cannot trade in and out of stocks using daily charts. But you certainly can enter or exit positions based on monthly or even weekly charts.

Let us look at the charts below to see how valuable studying monthly charts can be.

Do you now see the power of analyzing monthly charts? They may not be of much value to short term traders but for long term investors and large investors, monthly charts can help them to catch major trends in different markets.

Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com

Charts with the investing.com logo are courtesy of Investing.com powered by Trading View

  • Help support this page and press the Facebook Like button below. Thanks!

Join Dstockmarket's Facebook Page 

Recent Articles

  1. US Stock Market Analysis November 2019

    Nov 20, 19 06:58 AM

    A technical outlook of what might happen to the S&P 500 and the other major indices.

    Read More

  2. Technical Analysis Of Disney's Stock Chart

    Nov 20, 19 05:05 AM

    A technical outlook of Disney's stock chart.

    Read More

  3. Technical Analysis Of AGN (Allergan PLC)

    Nov 20, 19 05:00 AM

    A technical outlook of AGN's stock chart and price.

    Read More

  4. KLCI Analysis Nov 2019

    Nov 20, 19 04:53 AM

    Technical analysis and outlook for the Malaysian stock market index, KLCI.

    Read More

  5. Technical Analysis Of KNM Group

    Nov 20, 19 04:49 AM

    Technical outlook for KNM Group's stock price and stock chart.

    Read More

New! Comments

Have your say about what you just read! Leave me a comment in the box below.