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Monthly Archives: May 2024
Using Python to Draw Trend Lines on a Stock Price Chart
Sometimes stock prices follow a mysterious trend line (or channel). The trend lines provide ‘support’ or ‘resistance’ in stock price movement. Some common patterns can also be derived from the trend lines. However, drawing trend lines can be subjective. It … Continue reading
Posted in Common Technical Indicators
Tagged matplotlib, numpy, python programming, scipy, stock prediction, technical analysis, trend
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