Technical Analysis Explained: The Successful Investor's Guide to Spotting Investment Trends and Turning Points (Hardcover)

~ (Author)

Editorial Reviews

Product Description

The No. 1 guide on technical analysis. Completely updated, revised, and reworked to integrate new developments in the financial markets over the last five years, Technical Analysis Explained details the most current and sophisticated investment tools and techniques that help private investors and experienced professionals alike understand, interpret, and predict major market moves. What's more, the third edition focuses on new and emerging opportunities beyond the stock market by applying technical analysis techniques to: international stock markets, gold, currencies, and commodities. Technical Analysis Explained arms readers with an arsenal of technical analysis tools to identify and interpret market cycles and select the best-performing investments. Inside, you will learn how to guage market swings and analyze the financial position of various investor groups. You will also gain hands-on knowledge of: Market indicators and indices Price indexes Market breadth Moving average Cycles Rates of change Various methods of volume measurement Technical Analysis Explained, third edition also provides three chapters on the interdependence of interest rates and the stock market, with a discussion of how the technical approach can be successfully used to identify trends in the bond and money markets. This unrivaled resource is packed with hundreds of illustrations to clarify key points and will enable you to identify the early changes that signal major market swings, make investment decisions with a greater degree of confidence, and avoid costly mistakes.

Product Details

• Hardcover: 544 pages
• Publisher: McGraw-Hill Companies; 3rd edition (July 1, 1991)
• Language: English
• ISBN-10: 0070510423
• ISBN-13: 978-0070510425
• Product Dimensions: 9.1 x 6.4 x 1.7 inches
• Shipping Weight: 2 pounds
• Average Customer Review: 3.9 out of 5 stars  See all reviews (18 customer reviews)
• Amazon.com Sales Rank: #100,212 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

38 of 41 people found the following review helpful:

5.0 out of 5 stars Excellent choice for the serious TA student!, January 24, 2000

By	Laura Lincoln (Portland, Oregon) - See all my reviews

I found the book (Technical Analysis Explained) to be extremely helpful in my study of this fascinating subject. I can understand why Technical Analysis Explained is one of two books on the recommended reading list for the Certified Market Technicians Course. Pring has the knack of making what could be a dull subject interesting. This is the kind of detailed background needed to properly watch both the market and specific stocks. The charting techniques presented give the investor and trader far greater insight into future probable price trends and will significantly increase their rate of return.

20 of 20 people found the following review helpful:

5.0 out of 5 stars Glad I Bought It!, December 3, 1997

By	[e-mail] (Newport News, Virginia) - See all my reviews

I was first attracted to this book at my local library, so I checked it out. I had intended on merely reading selected chapters and taking some notes. However, as I got into the book, I realized there was much more meat here. There MUST be a copy on my personal bookshelf. I quickly purchased the book here at Amazon.com (I love this place!). With my highlighter in hand and notepad, I started devouring this book.

Pring's work reminds me of a college textbook in its thorough approach to technical analysis of the stock market. I have just gotten interested in the stock market, and I need this kind of detailed background so I can properly watch both the market and specific stocks. The charting techniques he explains will give the investor far greater insight into the future probable price trends. This will significantly increase their rates of return.

If someone knows a better book on technical analysis of stocks please e-mail me about it. (However, do NOT send me any junk e-mail advertisements.) I highly recommend this book to any investor desiring to get into the details of using charts to predict stock and market price movements.

Van White

37 of 41 people found the following review helpful:

1.0 out of 5 stars Hugely overrated, October 30, 1999

By A Customer

This book is a dud. I don't understand how it has gained such a hyped-up reputation. I use technical analysis in managing a small hedge fund and have found dozens of books on technical analysis that are more useful than this one. This book will bore you into a coma with its fuzzy, unfocused babbling and surprising lack of insight. The bible of technical analysis continues to be John Murphy's "Technical Analysis of the Financial Markets."