{"id":48,"date":"2023-04-26T16:14:00","date_gmt":"2023-04-26T16:14:00","guid":{"rendered":"https:\/\/blog.mukundmohan.online\/?p=48"},"modified":"2024-01-24T22:28:49","modified_gmt":"2024-01-24T22:28:49","slug":"the-simple-10-step-checklist-for-technical-analysis","status":"publish","type":"post","link":"https:\/\/blog.mukundmohan.online\/index.php\/2023\/04\/26\/the-simple-10-step-checklist-for-technical-analysis\/","title":{"rendered":"The simple 5 step checklist for technical analysis"},"content":{"rendered":"\n<p>Here is the simplest checklist I use for checking the technical setup for my trades.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Zoom out<\/strong>: Start with a chart with as long a time frame as possible &#8211; 5 years or so. Helps setup the overall trends. What phase are we in?<\/li>\n<\/ol>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"624\" height=\"333\" src=\"https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/1.jpg\" alt=\"\" class=\"wp-image-49\" srcset=\"https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/1.jpg 624w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/1-300x160.jpg 300w\" sizes=\"auto, (max-width: 624px) 100vw, 624px\" \/><figcaption class=\"wp-element-caption\">What phase are we in?<\/figcaption><\/figure>\n<\/div>\n\n\n<p>E.g. Tesla &#8211; what phase is it in?<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"531\" src=\"https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/2-1024x531.png\" alt=\"\" class=\"wp-image-50\" srcset=\"https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/2-1024x531.png 1024w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/2-300x155.png 300w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/2-768x398.png 768w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/2.png 1104w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">TSLA 5 years<\/figcaption><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"720\" src=\"https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/3-1024x683.png\" alt=\"\" class=\"wp-image-51\" srcset=\"https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/3-1024x683.png 1024w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/3-300x200.png 300w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/3-768x512.png 768w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/3-600x400.png 600w, https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/3.png 1080w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><figcaption class=\"wp-element-caption\">TSLA 1 year<\/figcaption><\/figure>\n<\/div>\n\n\n<p>2. <strong>Volume <\/strong>&#8211; Check if volume is high (confirmation that trend will continue) or low (not enough volume)<\/p>\n\n\n\n<p>3. <strong>Moving Averages <\/strong>(5, 9, 20, 50, 200) &#8211; Check if the stock is trading above the long term moving averages (MA &#8211; 50, 200) for investing plays, and is trading above short term MA &#8211; 9, 20 for swing trades<\/p>\n\n\n\n<p>4.  <strong>Trend Lines<\/strong>: Connect the highs and the lows. Are you seeing higher highs and higher lows, or lower highs and lower lows?<\/p>\n\n\n\n<p>5. <strong>Support and Resistance<\/strong> &#8211; What prices do buyers step in to see value (with volume) and where are they willing to sell (confirmed by volume).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is the simplest checklist I use for checking the technical setup for my trades. E.g. Tesla &#8211; what phase is it in? 2. Volume &#8211; Check if volume is high (confirmation that trend will continue) or low (not enough volume) 3. Moving Averages (5, 9, 20, 50, 200) &#8211; Check if the stock is&#8230;<\/p>\n","protected":false},"author":1,"featured_media":50,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,11],"tags":[10,9],"class_list":["post-48","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-option-trading","category-stocks","tag-charts","tag-technical-analysis"],"jetpack_featured_media_url":"https:\/\/blog.mukundmohan.online\/wp-content\/uploads\/2023\/04\/2.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/posts\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":3,"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"predecessor-version":[{"id":54,"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/posts\/48\/revisions\/54"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/media\/50"}],"wp:attachment":[{"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.mukundmohan.online\/index.php\/wp-json\/wp\/v2\/tags?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}