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What Is Consolidation? Consolidation is a technical analys | Trade key

What Is Consolidation?

Consolidation is a technical analysis term referring to security prices oscillating within a corridor and is generally interpreted as market indecisiveness. Said another way, consolidation is used in technical analysis to describe the movement of a stock's price within a well-defined pattern of trading levels

KEY TAKEAWAYS

Consolidation is a technical analysis term used to describe a stock's price movement within a given support and resistance range for a period of time. It is generally caused due to trader indecisiveness.

Consolidated financial statements are used by analysts to evaluate parent and subsidiary companies as a single company.

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