{"id":49726,"date":"2024-02-08T22:07:12","date_gmt":"2024-02-08T21:07:12","guid":{"rendered":"https:\/\/www.captrader.com\/?post_type=blog&#038;p=49726"},"modified":"2026-02-20T08:33:50","modified_gmt":"2026-02-20T07:33:50","slug":"chart-analysis","status":"publish","type":"blog","link":"https:\/\/www.captrader.com\/en\/blog\/chartanalyse\/","title":{"rendered":"The big chart analysis guide 2026: How to interpret charts correctly!"},"content":{"rendered":"<p class=\"wp-block-paragraph\">With the <strong>Chart analysis<\/strong> traders look at the graphs of exchange-traded products and the products derived from them. <strong>Indicators<\/strong>to <strong>Recognize patterns<\/strong>. Used correctly, trends can be identified and <strong>open lucrative positions.\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We have summarized what you need for this, how to get started with the method and which points you should pay attention to in the following guide!<\/p>\n\n\n<style id=\"bricks-inline-css-component-lnntzm\">\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-rtliac:not(.tag), .block-editor-iframe__body .brxe-rtliac img{aspect-ratio: 1; object-fit: contain}\n.block-editor-iframe__body .brxe-rtliac{width: 65px}\n\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-lkidxf{border: 3px solid #F6F6F8; margin-top: -60px; background-color: var(--light)}\n\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-jzmkoh{font-weight: 600; font-size: var(--text-xl); text-transform: uppercase}\n\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-umltno ul li{ list-style: none; position: relative; padding-left: 30px;} .block-editor-iframe__body .brxe-umltno ul li::before{ content: ''; position: absolute; left: 0; top: 0.4em; width: 15px; height: 15px; background-image: url('\/wp-content\/uploads\/2024\/02\/square-full-solid.svg'); background-size: contain; background-repeat: no-repeat;}\n\n\n\/* BREAKPOINT: Mobil Hochformat *\/\n@media (max-width: 478px){\n.block-editor-iframe__body .brxe-xowhkb{margin-top: 20px}\n}\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-lnntzm{background-color: #F6F6F8; align-items: center; position: relative; margin-top: 60px; padding-right: var(--space-l); padding-bottom: var(--space-l); padding-left: var(--space-l)}\n\n\n\/* Disable links in editor *\/\n.block-editor-iframe__body a.brxe-lnntzm, .block-editor-iframe__body .brxe-lnntzm a{ pointer-events: none; }\n<\/style><div class=\"brxe-lnntzm brxe-block\"><div class=\"brxe-lkidxf brxe-div radius-full padding-s\"><img decoding=\"async\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/06\/Icons_Uebersicht-blau.svg\" class=\"brxe-rtliac brxe-image css-filter size-full\" alt=\"A simple outline of a document with horizontal lines and a yellow magnifying glass in front of it, symbolizing the document check or search.\" \/><\/div><div class=\"brxe-xowhkb brxe-block\"><h2 class=\"brxe-jzmkoh brxe-heading\">The most important in a nutshell<\/h2><div class=\"brxe-umltno brxe-text\"><ul>\n<li>Chart analysis is the visual examination of price movements with the aim of deriving patterns, trends and other helpful information<\/li>\n<li>The basic assumption is that the charts always follow typical, repetitive patterns. If traders succeed in predicting these developments, profitable trades are possible<\/li>\n<li>It is a cornerstone of investment analysis that investors should be familiar with<\/li>\n<li>You need suitable software for a meaningful representation of the graphs&nbsp;<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">Why chart analysis is so important<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To trade successfully on the stock market, traders must know the <strong>Open the right trading position at the right time <\/strong>and close them again at a profit. To determine the ideal times, they use a variety of information sources, methods and <a href=\"https:\/\/www.captrader.com\/en\/blog\/trading-signals\/\">Trading signals.<\/a>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The probable <strong>most obvious option<\/strong>to find out more about a share or other exchange-traded investment, the <strong>A look at the share price: chart analysis.<\/strong> Based on current and past trends, experienced traders can derive forecasts for future price developments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This analysis method is therefore a <strong>mainly visual examination.<\/strong> In the simplest form, we look at the direction of the price graph, for example. By drawing in lines and other geometric shapes or comparing them with other values and calculations, we can obtain more, <strong>useful insights.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, trends can be identified at an early stage and position sizes and target ranges for price movements can be determined. <strong>Also for risk management<\/strong> chart analysis is essential, especially in order to detect potential risks and false signals in good time.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some specialist knowledge is required for chart analysis, as it <strong>recognize numerous possible patterns<\/strong> applies. Even experts do not always succeed in predicting prices in this way.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nevertheless, a look at the charts is a <strong>helpful tool! <\/strong>Especially <strong>in combination<\/strong> <strong>mit<\/strong> their counterpart, <strong>Fundamental analysis <\/strong>(consideration of basic key figures), this creates a solid basis for successful trading activities.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group info-box\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"wp-block-paragraph\">Good to know:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.captrader.com\/en\/glossary\/fundamental-analysis\/\" data-type=\"glossar\" data-id=\"51864\">Fundamental analysis<\/a> and chart analysis are often seen as opponents; in fact, however, both methods are indispensable for traders and are almost always used together!<\/p>\n<\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">One can therefore confidently say that <strong>every retailer<\/strong>whether beginner or professional, <strong>should be proficient in chart analysis.<\/strong> We have therefore put together some useful tips and helpful samples for you below!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Basics: Chart presentation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The basis of chart analysis is of course the <strong>Chart <\/strong>itself. It always consists of at least one<strong> x- and y-axis<\/strong>on which the prices of the product under consideration (e.g. a share, currency pair, <a href=\"https:\/\/www.captrader.com\/en\/blog\/short-term-bonds\/\">Short-term bonds<\/a>, raw material ...) are registered.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"624\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Typischer-Linienchart-1-1024x624.png\" alt=\"The line chart is perfect for chart analysis and uses a yellow line to show the fluctuating values over time. The axes are labeled vertically with &quot;COURSE&quot; and horizontally with &quot;TIME&quot; and thus provide a clear insight into the data development.\" class=\"wp-image-57580\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Typischer-Linienchart-1-1024x624.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Typischer-Linienchart-1-300x183.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Typischer-Linienchart-1-768x468.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Typischer-Linienchart-1-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Typischer-Linienchart-1.png 1100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">In almost all cases, the <strong>x-axis (horizontal line) the course of time<\/strong> represent. The <strong>y-axis (vertical) <\/strong>on the other hand, forms the<strong> Course<\/strong>i.e. the price of the respective product. This creates a graph that develops from left (earliest value) to right (latest\/latest value). Rather rarely, a chart with reversed axes is also possible, in which the price development is shown from top to bottom.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The simplest display method is the line chart, which shows a relationship between time and price in chart analysis. This form is already sufficient for many applications; alternatives such as bar charts or <strong>Candlestick charts<\/strong> however, can still <strong>additional information <\/strong>deliver.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"624\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-1-1024x624.png\" alt=\"Candlestick chart analysis that illustrates price movements over time with labeled sections: downward, sideways and upward trends. Arrows clearly indicate these movements.\" class=\"wp-image-57581\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-1-1024x624.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-1-300x183.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-1-768x468.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-1-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-1.png 1100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Especially the <strong>Candlestick chart<\/strong> is popular with traders because it also <strong>Opening and closing prices, trading volumes and further information<\/strong> can be displayed. Ultimately, however, it is up to the trader to decide which form to use; modern trading programs offer a variety of possible views and personalization options.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group info-box\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"wp-block-paragraph\">CapTrader can do that:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A powerful price view is necessary for successful chart analysis. CapTrader gives you free access to professional trading tools such as <a href=\"https:\/\/www.captrader.com\/en\/platforms\/trader-workstation-tws\/\" target=\"_blank\" rel=\"noreferrer noopener\">TraderWorkstation<\/a>, <a href=\"https:\/\/www.captrader.com\/en\/platforms\/tradingview\/\" target=\"_blank\" rel=\"noreferrer noopener\">TradingView<\/a> or our smartphone app, which has been <a href=\"http:\/\/www.trader-app.com\" rel=\"nofollow noopener\" target=\"_blank\">beste Trading App<\/a> was awarded.&nbsp;&nbsp;<\/p>\n<\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">In the chart analysis <strong>different time units<\/strong> available. This allows you to display graphs ranging from several years to just a few seconds. This also changes the focus and the level of detail accordingly. <strong>Pay attention to the correct time when displaying courses.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, the prices of a share from the last ten years may well be of interest to an investor with a long-term horizon, whereas those who are interested in the <a href=\"https:\/\/www.captrader.com\/en\/blog\/stocks-for-day-trading\/\">Shares for day trading<\/a> can't do much with such a long period of time ...&nbsp;<\/p>\n\n\n<a id=\"brxe-lxafzb\" href=\"https:\/\/www.captrader.com\/en\/automatisierte-wertpapierbuchhaltung\/\" class=\"brxe-block margin-bottom-s banner-bild\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"500\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal_Betr-Steuerreporting_EN.jpg\" class=\"brxe-image css-filter size-full\" alt=\"A person is working at a desk with financial charts and a laptop, next to which is a text advertising automatic securities booking for German corporate clients.\" id=\"brxe-zqotxp\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal_Betr-Steuerreporting_EN.jpg 1500w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal_Betr-Steuerreporting_EN-300x100.jpg 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal_Betr-Steuerreporting_EN-1024x341.jpg 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal_Betr-Steuerreporting_EN-768x256.jpg 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal_Betr-Steuerreporting_EN-18x6.jpg 18w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/a><a id=\"brxe-rliwsv\" href=\"https:\/\/www.captrader.com\/en\/depot-eroeffnen\/\" class=\"brxe-block margin-bottom-s\"><img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"700\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Betr-Steuerreporting_EN.jpg\" class=\"brxe-image css-filter size-full\" alt=\"A person is writing in a notebook next to financial documents on a desk. The text advertises Wave&#039;s automated securities booking for German corporate clients and includes a button to open an account.\" id=\"brxe-ffrvcj\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Betr-Steuerreporting_EN.jpg 350w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Betr-Steuerreporting_EN-150x300.jpg 150w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Betr-Steuerreporting_EN-6x12.jpg 6w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a>\n\n\n\n<h3 class=\"wp-block-heading\">How chart analysis works<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With the <strong>Fundamental analysis <\/strong>traders examine the fundamental <strong>Data and figures<\/strong> to a share or other asset. This could include, for example, the <a href=\"https:\/\/www.captrader.com\/en\/glossary\/peg-ratio\/\">PEG ratio<\/a>, <a href=\"https:\/\/www.captrader.com\/en\/glossary\/debt-equity-ratio\/\">Debt-equity ratio<\/a> oder das <a href=\"https:\/\/www.captrader.com\/en\/glossary\/profit-growth\/\">Profit growth<\/a> count. <strong>In contrast, we only look at the price movements in the chart analysis.<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Acceptance<\/strong> The point here is that <strong>all important fundamental data <\/strong>are already priced in and <strong>are reflected in the chart.<\/strong> A separate look at the facts and figures would therefore not be necessary, as the graph already contains everything important. In practice, however, successful traders take <strong>both the share price performance and the fundamental key figures<\/strong> under the microscope.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In order to derive useful information from the courses, we can compare them with a series of well-known <strong>patterns and indicators. <\/strong>If there is a match, we can assume that prices will develop as they have done in such cases in the past.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There is no guarantee of this! It is also possible that the wrong patterns are recognized, for example because we are concentrating on the wrong time period. The <strong>Chart analysis is therefore not always an exact science <\/strong>and requires some experience.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We therefore recommend that you <strong>Application initially on a CapTrader <\/strong><a href=\"https:\/\/www.captrader.com\/en\/open-demo-account\/\"><strong>Demo account<\/strong><\/a><strong> to test. <\/strong>There you can make full use of CapTrader's huge range of products (more than 1.2 million shares, more than a million bonds, options, futures, 100 currency pairs ...) without jeopardizing your real capital.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chart analysis is also <strong>not equally suitable for all assets!<\/strong> Especially the <strong>Liquidity<\/strong> plays an important role: it <strong>should be very high to allow \"normal\" chart analysis. <\/strong>Analyzing less liquid investments is possible, but more complicated and therefore less suitable for beginners.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Price influences<\/strong>such as those arising from share buyback programs, share splits or dividend payments, <strong>also make the analysis difficult.<\/strong> In this case, it is best to wait until prices have calmed down somewhat. This also applies to unexpected or extreme news.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group info-box\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"wp-block-paragraph\">CapTrader can do that:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Highly liquid foreign exchange or the rarest niche stocks? At CapTrader you have the choice! With more than 1.2 million securities including shares, bonds, currency pairs, options, futures and much more, you will find the right vehicle for your strategy!<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">The most important patterns and indicators for chart analysis<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are two ways to achieve success in chart analysis: through the correct <strong>Recognize the most important patterns <\/strong>and\/or the <strong>Comparison with technical indicators. <\/strong>In principle, both methods can lead to success and offer reliable results, especially in combination.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Both beginners and professionals can use it to <strong>Very good results <\/strong>achieve, even if it <strong>No one hundred percent probability of success<\/strong> there are. In particular, good risk management and a suitable strategy that is pursued in a disciplined manner are essential prerequisites.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the following, we would like to introduce you to some typical patterns that you may encounter again and again when analyzing charts.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Support and resistance lines<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The prices of shares and other assets repeatedly reach limits in their upward and downward movements, at which they seem to magically reverse. At these points, one speaks of <strong>Support lines if the price does not fall lower<\/strong>and <strong>Resistance lines if a further increase fails despite several attempts.&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"624\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-Unterstuetzung-und-Widerstandslinie-1-1024x624.png\" alt=\"Candlestick chart that shows price movement over time with support and resistance lines labeled, provides a comprehensive chart analysis and displays an analysis of market trends.\" class=\"wp-image-57583\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-Unterstuetzung-und-Widerstandslinie-1-1024x624.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-Unterstuetzung-und-Widerstandslinie-1-300x183.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-Unterstuetzung-und-Widerstandslinie-1-768x468.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-Unterstuetzung-und-Widerstandslinie-1-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-Unterstuetzung-und-Widerstandslinie-1.png 1100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The term <strong>\"Trend line\"<\/strong> has become established, as it is a very good way of indicating the direction of prices, i.e. the prevailing trend.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Recognizing such lines is one of the most obvious aspects of chart analysis. The resistance and support lines form a <strong>Important information for future developments!<\/strong> Correctly identified, they allow us to predict reversal movements.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Traders can speculate on the fact that the<strong> respective line continues to be adhered to<\/strong> and, for example, a <a href=\"https:\/\/www.captrader.com\/en\/blog\/swing-trading-strategy\/\">Swing-Trading-Strategie<\/a> apply. The<strong> Break out <\/strong>The first move out of the corset of lines can occur at any time and is a worthwhile target: some traders wait for this moment to open a position.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To create such a <strong>to detect the outbreak in good time,<\/strong> offers the <strong>Combination of trend lines with other methods<\/strong> of chart analysis. However, beginners in particular often tend to put all their eggs in one basket (= one chart analysis pattern), which can quickly lead to failure!<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Simple and weighted moving average (SMA and EMA)<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">A series of <strong>moving averages<\/strong> are important for chart analysis. They form the <strong>Average price over a fixed period <\/strong>and come with further \"extras\".&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>\"Simple Moving Average\"<\/strong>SMA or \"simple moving average\" is the basic form. It is obtained by adding the prices over a period of time and dividing by the number of intervals.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also popular is the <strong>weighted moving average <\/strong>(EMA - exponential moving average). He <strong>attaches greater importance to current values<\/strong> than those that took place longer ago. The results vary depending on the period under review.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Traders can do this in various ways <strong>and thus derive trading signals.<\/strong> Both forms of the moving average (and many other variants!) are also the starting point for other chart analysis indicators and are therefore of multiple importance.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Momentum<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Trend lines indicate the direction of a price movement, but do not say too much about the<strong> Power of such a movement <\/strong>out. Various indicators can be used to determine momentum. One of the best known is the <strong>MACD.&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"652\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-MACD-1-1024x652.png\" alt=\"A candlestick chart with the MACD indicator below showing green and red candles. Time is on the horizontal axis and price is on the vertical axis. Perfect for a detailed chart analysis to understand market trends.\" class=\"wp-image-57585\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-MACD-1-1024x652.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-MACD-1-300x191.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-MACD-1-768x489.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-MACD-1-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candelstickchart-MACD-1.png 1100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Developed by Gerald Appel in the late seventies, the <strong>Moving Average Convergence\/Divergence Oscillator<\/strong> is both simple and effective, which has quickly made it very popular. The MACD transforms <strong>two moving averages into a momentum oscillator<\/strong>by subtracting the longer moving average from the shorter one.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It fluctuates above and below the zero line depending on whether the moving averages are converging, crossing or diverging. Traders can look for <strong>Signal line crossings, center line crossings and divergences<\/strong> Keep an eye out&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Bollinger Bands<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">A simple <strong>gleitender Durchschnitt<\/strong> becomes <strong>supplemented with the standard deviation (volatility).<\/strong> This creates two lines that move above and below the SMA. Shifts between the three lines provide interesting impulses for chart analysis - especially if we link them to the respective prices.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"624\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-Bollinger-Baendern-1-1024x624.png\" alt=\"Candlestick chart with Bollinger bands showing price fluctuations over time. High and low bands are labeled and provide a comprehensive chart analysis of market trends.\" class=\"wp-image-57582\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-Bollinger-Baendern-1-1024x624.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-Bollinger-Baendern-1-300x183.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-Bollinger-Baendern-1-768x468.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-Bollinger-Baendern-1-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-Bollinger-Baendern-1.png 1100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For example, bands drifting apart can indicate a stronger trend. Such a movement is particularly exciting if the price is also at the edge or outside the bands!&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here you can <strong>interesting opportunities for lucrative trades. <\/strong>The Bollinger Bands themselves can also be used to calculate other indicators.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Relative Strength Index (RSI)<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">An important goal of chart analysis is to find out, <strong>when an existing trend reverses.<\/strong> This allows traders to determine the right time to close their positions and take profits. The <strong>Relative Strength Index <\/strong>can help you do just that!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is created from the <strong>Purchase and sale data of an asset<\/strong> generated and with a <strong>Value between 0 and 100<\/strong> is indicated. High figures (70 or more) indicate an overbought state, while figures below 30 are generally considered oversold.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"652\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-RSI-1-1024x652.png\" alt=\"Candlestick chart with RSI combines classic chart analysis techniques. Green and red candlesticks hover above, while the RSI line shows the movements below. Labels: &quot;Price&quot;, &quot;Time&quot; and &quot;RSI&quot;.\" class=\"wp-image-57584\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-RSI-1-1024x652.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-RSI-1-300x191.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-RSI-1-768x489.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-RSI-1-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/Chartanalyse-2-Candlestickchart-mit-RSI-1.png 1100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">These deflections of the realtive strength oscillator can be <strong>point to an imminent trend reversal.<\/strong> The RSI is particularly popular for confirming assumptions and preparing for a change in direction. Of course, there is no guarantee that the forecast will be correct!<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Further indicators<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The following are available for chart analysis <strong>Hundreds of possible indicators are available<\/strong>which can be particularly intimidating for beginners. However, it is <strong>It is not necessary to know and apply all the values!&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The well-known principle \"a lot helps a lot\" does not apply to chart analysis! As a rule <strong>a handful of indicators is already sufficient,<\/strong> and the correct combination and execution are more important than the number.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The indicators and patterns listed here form the <strong>Basis for successful chart analysis<\/strong> and therefore equally important for beginners and professionals. You can supplement this basis with numerous other methods and thus develop your own personal strategy for technical analysis.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\"><a id=\"brxe-kbumbq\" href=\"https:\/\/www.captrader.com\/en\/depot-eroeffnen\/\" class=\"brxe-block margin-bottom-s banner-bild\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"500\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal-Astronaut_EN.jpg\" class=\"brxe-image css-filter size-full\" alt=\"An astronaut floating in space with the earth in the background, next to it an advertising text about share trading services and a yellow &quot;Open account&quot; button.\" id=\"brxe-xmcpzb\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal-Astronaut_EN.jpg 1500w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal-Astronaut_EN-300x100.jpg 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal-Astronaut_EN-1024x341.jpg 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal-Astronaut_EN-768x256.jpg 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_horizontal-Astronaut_EN-18x6.jpg 18w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/a><a id=\"brxe-devmle\" href=\"https:\/\/www.captrader.com\/en\/depot-eroeffnen\/\" class=\"brxe-block margin-bottom-s\"><img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"700\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Astronaut_EN.jpg\" class=\"brxe-image css-filter size-full\" alt=\"An astronaut floats in space next to ad text promoting stock trading features such as global exchanges, short selling and fractional shares. A yellow button reads &quot;Open an account&quot;.\" id=\"brxe-edyjfs\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Astronaut_EN.jpg 350w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Astronaut_EN-150x300.jpg 150w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/01\/CapTrader_Werbebanner_vertikal_Astronaut_EN-6x12.jpg 6w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Practical application: How to use chart analysis<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">RSI, momentum and co. are all well and good, but <strong>How do you actually apply these analysis methods?<\/strong> The procedure is quite simple. <strong>First select the asset<\/strong>that you want to take a closer look at.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In general, all exchange-traded products are suitable for this. Due to their high profile and good liquidity, blue chip stocks are particularly suitable for beginners who want to learn chart analysis.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your broker has sent you a <strong>professional trading software <\/strong>provided? Then you can open the selected share (or other product) in the corresponding program. Especially the program <a href=\"https:\/\/www.captrader.com\/en\/platforms\/tradingview\/\">TradingView<\/a> is very popular with beginners, but offers a range of functions that can also satisfy professionals.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the current price is called up, we recommend that you first <strong>Customization of the view.<\/strong> You usually have the choice between candlesticks, bars, lines and other display methods. A <strong>Candlestick graph<\/strong> is generally regarded as <strong>most meaningful variant, <\/strong>but the choice is up to you.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also make sure that the <strong>suitable period<\/strong> was selected. There can be big differences here: For example, would you like <a href=\"https:\/\/www.captrader.com\/en\/blog\/stocks-for-day-trading\/\">Shares for day trading<\/a> short intervals of up to one month are common. For long-term investors, on the other hand, significantly longer phases would make sense.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Display indicators<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">In your trading program you will find a more or less <strong>Extensive selection of analysis tools.<\/strong> For example, TradingView provides an \"Indicators\" field when you are in the price view of a share or other product.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"563\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/TradingView-1-e1734472931112-1024x563.png\" alt=\"Line chart illustrating the upward trend of a stock on a trading platform, with highlighted chart analysis tools in German. Indicators, layouts and various tool options are visible. Below this is a bar chart showing the trading volume.\" class=\"wp-image-57483\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/TradingView-1-e1734472931112-1024x563.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/TradingView-1-e1734472931112-300x165.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/TradingView-1-e1734472931112-768x422.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/TradingView-1-e1734472931112-18x10.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2024\/02\/TradingView-1-e1734472931112.png 1100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Depending on the software, you can now <strong>Display single or multiple key figures for chart analysis<\/strong> can be used. A useful start for beginners is a simple moving average, weighted moving average or Bollinger bands (period: 20 days), for example.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can also <strong>Draw trend lines or other geometric figures<\/strong>which can help you with the analysis. Depending on the software, adjustments to the view, colors, etc. are also possible.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We initially recommend <strong>to start with a few analysis methods. <\/strong>Familiarize yourself with the meaning of these key figures at the beginning: <strong>What is the signal and how should you react to it?&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Test your hypotheses in the process <strong>on a CapTrader <\/strong><a href=\"https:\/\/www.captrader.com\/en\/open-demo-account\/\"><strong>Demo account<\/strong><\/a><strong>, <\/strong>to save expensive learning costs: With a demo account, you can trade CapTrader's extensive product range with \"play money\" and thus gain experience in a realistic environment.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once you have reliably achieved success with chart analysis on the demo account for some time, the <strong>Clear the way for \"real\" investments.<\/strong> The usual <strong>Tips and hints<\/strong>which have proven themselves in all types of stock exchange transactions:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pay attention to the fees charged by your broker,<\/strong> as these can quickly add up - especially with active trading<\/li>\n\n\n\n<li><strong>Pursue your strategy in a disciplined manner and with as little emotion as possible.<\/strong> Greed, fear, resignation and the like have no place on the stock market!<\/li>\n\n\n\n<li><strong>Strategy changes should be carefully considered. <\/strong>Give your current approach enough time to develop its full effect. If you are concerned about its effectiveness, you should go back to the <a href=\"https:\/\/www.captrader.com\/en\/open-demo-account\/\">Demo account<\/a> change.&nbsp;<\/li>\n\n\n\n<li><strong>Record your results in a trading diary, spreadsheet program or similar method.<\/strong> This allows you to quickly see which key figures have actually led to success.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group info-box\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"wp-block-paragraph\">CapTrader can do that:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CapTrader is the strong partner for active traders thanks to its huge selection and low costs! For example, you can trade US shares from as little as $ 0.01 per share (order minimum: $ 2.00) or European shares from as little as 0.1 percent (order minimum: \u20ac 2.00)!<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion: Chart analysis as an essential component of stock market success<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Under the <strong>Chart analysis<\/strong> (also: \"technical analysis\") is understood as the <strong>Optical examination of courses<\/strong>to discover lucrative trading opportunities. In doing so, traders place a <strong>Series of patterns and indicators<\/strong> to interpret the price trend.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The methods range from simple lines that are used to trace trends to highly complex calculations that are themselves based on other formulas.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>For beginners<\/strong> are particularly suitable for<strong> Trend lines, moving averages, Bollinger Bands and the Relative Strength Index. <\/strong>It is advisable to understand these key figures and concepts and to derive trading signals from them. This is best achieved using historical data or <strong>on a CapTrader <\/strong><a href=\"https:\/\/www.captrader.com\/en\/open-demo-account\/\"><strong>Demo account<\/strong><\/a><strong>.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once this foundation has been laid, you can <strong>add further formulas and patterns. <\/strong>The following applies: It is <strong>It is not necessary to master every single variant of technical analysis!<\/strong> At the same time, you should not rely on just one single indicator.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The \"golden mean\" is created when you have a few <strong>Key figures for chart analysis and others <\/strong><a href=\"https:\/\/www.captrader.com\/en\/blog\/trading-signals\/\"><strong>Trading signals<\/strong><\/a><strong> combine. <\/strong>Your own strategy, your risk appetite and the asset to be traded also play a decisive role.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Are you still looking for a lucrative approach? We have the best <a href=\"https:\/\/www.captrader.com\/en\/blog\/day-trading-strategies\/\">Day trading strategies<\/a> summarized for you!<\/p>","protected":false},"excerpt":{"rendered":"<p>Bei der Chartanalyse betrachten Trader die Graphen von b\u00f6rsengehandelten Produkten und daraus abgeleiteten Indikatoren, um Muster zu erkennen. Richtig eingesetzt lassen sich so Trends identifizieren und lukrative Positionen er\u00f6ffnen.\u00a0 Was man daf\u00fcr ben\u00f6tigt, wie der Einstieg in die Methode gelingt und auf welche Punkte Sie achten sollten, haben wir im folgenden Ratgeber f\u00fcr Sie zusammengefasst! [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":46135,"menu_order":0,"template":"","blog-kategorie":[835],"class_list":["post-49726","blog","type-blog","status-publish","has-post-thumbnail","hentry","blog-kategorie-trading"],"acf":{"blog_summary":"","blog_faq_schalter":"ja","faq_uberschrift":"FAQ - H\u00e4ufig gestellte Fragen","blog_faq_loop":[{"blog_faq_question":"Wie funktioniert die Chartanalyse?","blog_faq_answer":"Die Analyse von Chartmustern hilft Tradern, Muster zu erkennen und so Kursbewegungen vorherzusagen. Dazu kommt eine Reihe von Berechnungen, Indikatoren und geometrischen Figuren zum Einsatz. Richtig angewandt, lassen sich so lukrative Trades entdecken."},{"blog_faq_question":"Welches Programm ist f\u00fcr Chartanalyse geeignet?","blog_faq_answer":"Das Tool \u201c<a href=\"https:\/\/www.captrader.com\/plattformen\/tradingview\/\">TradingView<\/a>\u201d hat sich zur Standardanwendung f\u00fcr die Analyse von B\u00f6rsencharts entwickelt. Es gibt auch zahlreiche weitere, hervorragende Programme, die jedoch meistens mit h\u00f6heren Geb\u00fchren verbunden sind und nicht von allen Brokern angeboten werden."},{"blog_faq_question":"Was versteht man unter der technischen Analyse?","blog_faq_answer":"Bei der technischen Analyse untersucht man Kursverl\u00e4ufe optisch, indem man die Charts mit Berechnungen und Indikatoren erweitert und mit unterschiedlichen Mustern abgleicht. Richtig angewandt ist es m\u00f6glich, recht zuverl\u00e4ssige Prognosen zu erstellen."},{"blog_faq_question":"Wie lerne ich die technische Analyse?","blog_faq_answer":"Sie sollten zun\u00e4chst eine begrenzte Anzahl von Indikatoren erarbeiten. Haben Sie die Funktionsweise verstanden und an historischen Daten nachvollzogen, k\u00f6nnen Sie auf einem Demokonto die Chartanalyse mit \u201cSpielgeld\u201d erproben."}]},"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog\/49726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/blog"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/20"}],"version-history":[{"count":3,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog\/49726\/revisions"}],"predecessor-version":[{"id":65985,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog\/49726\/revisions\/65985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media\/46135"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=49726"}],"wp:term":[{"taxonomy":"blog-kategorie","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog-kategorie?post=49726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}