One complete up and down movement. With respect to technical analysis, the pattern or amount of time comprising one up and down movement.

This is a weekly chart of IBM. The vertical line intersects a price bottom, which represents the end of one cycle (from early-1996 to mid-1996), and the beginning of another ( from mid-1996 to spring-1997). The stochastics oscillator is plotted above the chart, and could confirm the cycles by forming tops and bottoms when price does.

You can choose up to four indicators at a time, such as stochastics, to display above the chart, by clicking on "Indicators" within IQ Chart. All drawing functions in IQ Chart Version 3.1, such as trendlines, are performed by clicking on "Toolbox".

In this case, the upward penetration was confirmed by the Commodity Channel Index, or CCI, which broke above +100 for the first time since before the beginning of the pattern in early July.

You can choose up to four indicators at a time, such as stochastics and CCI, to display above the chart, by clicking on "Indicators" within IQ Chart. All drawing functions in IQ Chart Version 3.1, such as trendlines, are performed by clicking on "Toolbox".