Archives

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

A temporary privilege that lets shareholders purchase additional shares directly from the issuer at a stated price. The price is usually less than the market price of the common shares on the day the rights are issued. The rights are only valid within a given time period.

An order to close out an existing open futures or options contract. A liquidating order involves the sale of a contract that has been purchased or purchase of a contract that has been sold.

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.

Relative Strength Index is an overbought/oversold indicator that attempts to predict trend reversal points. RSI is based on the observation that a stock which is advancing will tend to close nearer to the high of the day than the low. The reverse is true for declining stocks. This indicator can also be used when comparing two different equities on a relative basis. RSI’s absolute levels are 0 and 100. Buy signals are triggered at 30, and sell signals are triggered at 70. One of the important aspects of RSI is to look for divergence between price action and RSI. Upward sloping price and downward sloping RSI should be taken as a warning.

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

a measure of the number of shares, or dollar value of shares traded daily. Mutual funds and other institutional buyers prefer high liquidity stocks so they can easily move in and out of positions.

Services and products sold by a company. Sales and revenues mean the same thing.

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.

Shares of an issuer that are traded on a stock exchange. Issuers pay fees to the exchange to be listed and must abide by the rules and regulations set out by the exchange to maintain listing privileges.