Transactions

As reported in exchange trading statistics, represents the total number of trades for a specified period.

Flying Plateau

A flying plateau is a pattern that forms after a stock has made a strong move up. Strong stocks will consolidate gains sometimes in a flat, sideways pattern in a tight range instead of selling back. This is a very bullish pattern, especially if it is formed on low volume. Picture a 45 degree rise and then a move sideways for several sessions. Strong stocks tend to rest in these patterns, and then start another leg up.

Transfer Agent

A trust company appointed by a listed company to keep a record of the names, addresses and number of shares held by its shareholders. Frequently, the transfer agent also distributes dividend cheques to the company’s shareholders.

Transferable Security

A security that can be transferred from one party holder to another without restrictions, provided that all proper documentation is included.

Trend Lines

These are lines, both up and down, that are formed by a stock?s price movement. In the simplest sense, trend lines are drawn between a stocks successive lows to find support, and successive highs to find resistance. The more times a stock?s price touches a trendline and holds, the better an indicator it is. Trend lines can be long term and short term, and, as noted, can be used to determine support and resistance. We often use trendlines to help determine when we should enter of exit trades. When we are in positions and following the trend, we do not like to see the stock break its trend for greater than one day. If a stock does that, it has changed its character, and the trendline is most likely no longer in force.

Freeze

An interruption in trading on a stock, triggered when an order violates parameters set by TSX.

Frequency

Frequency refers to the given time period on an intraday, daily, weekly, monthly, quarterly or yearly perspective. Typically, choosing a weekly or monthly perspective when looking at several years of data makes it easier to identify long-term trends. Daily charts are useful for active traders and short-term time period charts.The “Daily”, “1-Minute”, “5-Minute”, “15-Minute” and “Hourly” frequency are used for intraday charts and the remaining choices are applicable to end-of-day charts. This term refers to a TSX Group Historical Performance charting feature.

Triple Witching

the third Friday of March, June, September and December is the day when index futures, index future options, and certain stock options all expire. Triple Witching Fridays are know for high volatility.