point-and-figure charts

point-and-figure charts
Charts that show price changes of a minimum amount regardless of the time period involved. Chicago Board of Trade glossary

Financial and business terms. 2012.

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  • Point and figure chart — A point and figure chart is used for technical analysis of securities. Unlike most other investment charts, point and figure charts do not present a linear representation of time. Instead, they show trends in price.The aim of point and figure… …   Wikipedia

  • point and figure chart — A graphic representation of price movement using vertical rows of x s to indicate significant up ticks and o s to reflect down ticks. Such charts do not reveal minute price fluctuations, only trends once they have established themselves. The… …   Financial and business terms

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  • Point & Figure Chart — 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 X s or O s. A column of X s is used to… …   Investment dictionary

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