charting

Definition

The set of techniques used in technical analysis in which charts are used to plot price movements, volume, settlement prices, open interest, and other indicators, in order to anticipate future price movements. Users of these techniques, called chartists, believe that past trends in these indicators can be used to extrapolate future trends.

Use charting in a sentence

You should try and take on some charting so that you can know exactly what is expected of you at all times.

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In his old role he was responsible for charting the stocks for the hedge fund. He had to determine the price movement and try and identify trends.

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Technical analysts use charts to plot price movements, volume, settlement prices, and other indicators called "charting". Charters, called chartists, use charting because they believe that past trends can be used to extrapolate future trends.

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