Price of any stock moves up and down like a wave. Trend and counter-trend. Even though they move up and down, on the whole, they move in one direction – up, down, or sideways.
The direction in which the price of a stock or a group of stocks or the stock market as a whole move is termed as a trend. The trend of a market signifies the movement of the stock prices, in any one direction, compared to its historical prices.
Understanding the trend of a stock or market is the first step in technical analysis. If you cannot determine the trend, you cannot trade the markets.
A trend is your friend. Dance with a friend. Tune to the trend.
On this page, you will get Commodity markets trend of major commodities is updated daily for Intraday, Short term, Medium-term