A component of the average directional index that is used to measure the presence of an uptrend. When the +DI is sloping upward, it is a signal that the uptrend is getting stronger. This indicator is nearly always plotted along with the negative directional indicator. Many technical traders will watch for the positive directional indicator to cross above the negative directional indicator to signal the beginning of an uptrend. The +DI is a key factor in the calculation of the popular average directional index.
A chart that plots day-to-day price movements without taking into consideration the passage of time. Point and figure charts are composed of a number of columns that either consist of a series of stacked Xs or Os. A column of Xs is used to illustrate a rising price, while Os represent a falling price. As you can see from the chart below, this type of chart is used to filter out non-significant price movements, and enables the trader to easily determine critical support and resistance levels. Traders will place orders when the price moves beyond identified support/resistance levels. Additional points are added to the chart once the price changes by more than a predefined amount (known as the box size). For example, if the box size is set to equal one and the price of the asset is $15, then another X will be added to the stack of Xs once the price surpasses $16. Each column consists of only one letter (either X or O) - never both. New columns are placed to the right of the previous column and are only added once the price changes direction by more than a predefined reversal amount.
A form from the Securities and Exchange Commission (SEC) that served as a simplified registration for the offering of new securities. only companies that have been reporting to the SEC under the 1934 Act for at least three years without interruption are eligible to use the SEC Form S-2, which allows for the inclusion of previously submitted information regarding their business and financial statements. Taobiz explains SEC Form S-2 SEC Form S-2 was discontinued in 2005; the element that allowed companies to use prior filing information from SEC forms 10-Q, 10-K and 8-K has been incorporated into parts of SEC Form S-1. Investors may still find older S-2 filings online that were submitted prior to 2005.
The initial registration form for new securities required by the Securities and Exchange Commission (SEC) for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange. Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, as well provide a a brief prospectus of the planned security itself, offering price methodology, and any dilution that will occur to other listed securities. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel. Form S-1 is also known as the "Registration Statement Under the Securities Exchange Act of 1933". Taobiz explains SEC Form S-1 Investors can view S-1 filings online to perform due diligence on new offerings prior to their issue. The form is sometimes amended as material information changes or general market conditions cause a delay in the offering. The Securities Exchange Act of 1933, often referred to as the "truth in securities" law, requires that these registration forms are filed to disclose important information upon registration of a company's securities. This helps the SEC achieve the objectives of this act, which is requiring investors to receive significant information regarding securities offered, and to prohibit fraud in the sale of the offered securities. A less rigid registration form is the S-3, which is for companies that don't have the same ongoing reporting requirements.
A price level established as being significant either because the market fails to penetrate it or because a sudden increase in volume accompanies a move through that price level. As a technical indicator, the pivot price is similar to resistance or support levels. If the price is exceeded, a breakout is expected to occur.
A filing with the Securities and Exchange Commission (SEC), also known as the Registration for Depository Shares form, required for private foreign companies who wish to have shares of their company trade as American Depository Receipts (ADRs). SEC Form F-6EF must include the issuer's foreign name, its name translated into English and the contact information for the U.S.-based depository issuing the ADRs. Taobiz explains SEC Form F-6EF Form F-6EF is almost identical to Form F-6, which also registers ADRs with the Securities and Exchange Commission. However, the "EF" designates that this form is "auto-effective" upon filing, meaning that the SEC considers the securities registered upon receipt. Related forms: SEC Forms F6, 15, 18 and 20.
A technical indicator derived by calculating the numerical average of a particular stock's high, low and closing prices. The pivot point is used as a predictive indicator. If the following day's market price falls below the pivot point, it may be used as a new resistance level. Conversely, if the market price rises above the pivot point, it may act as the new support level.
A form administrated by the Securities and Exchange Commission (SEC), the 6-K is a required submission for foreign private issuers of securities, pursuant to stated rules in the Securities Exchange Act of 1934. Any information that a foreign company issues to its local securities regulators, investors or stock exchange must also be submitted on the Form 6-K. As such, the 6-K is a catch-all for material information that arises in between annual and quarterly financial reports, which are also submitted to the SEC. Taobiz explains SEC Form 6-K This form essentially allows U.S. investors in foreign securities to have the same access to information that investors in the foreign company's home market receive. This transparency of information is one of the most important ingredients for an orderly and fair market. 6-K forms often include a duplication of the latest financial reports such as income statements, balance sheets and cash flow statements. A filing that shows "6-K/A" is an amended Form 6-K, filed when material information changes.