Technicals

Confirmation

When two financial indicators align in their movement, we refer to it as convergence. This alignment signifies a higher level of certainty that the trend will persist. On the other hand, when there is a discrepancy between the movements of indicators, it is known as divergence. This lack of confirmation can signal a potential change in the trend. Understanding the dynamics of convergence and divergence is crucial in analyzing market trends.

Related terms

Momentum

Understand the meaning and definition of Momentum in the context of stock market, trading, and investments.

MORE
Blow Off

Understand the meaning and definition of Blow Off in the context of stock market, trading, and investments.

MORE
Point and Figure Chart

Understand the meaning and definition of Point and Figure Chart in the context of stock market, trading, and investments.

MORE
Accumulation

Understand the meaning and definition of Accumulation in the context of stock market, trading, and investments.

MORE
Stochastics

Understand the meaning and definition of Stochastics in the context of stock market, trading, and investments.

MORE
Swing index

Understand the meaning and definition of Swing index in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers