Definition

1. Noun:
   • A stock market analyst who uses charts: A chartist is a financial analyst who studies graphs of historical prices and trading volumes to forecast future market movements.
   • A 19th-century social reformer: A Chartist was a member of a British working-class movement (c. 1838–1858) that campaigned for political and social reforms, centered on the People's Charter.

Usage Examples

• Noun (Financial Analyst):

  • The chartist predicted a rise in the stock based on the pattern forming on the price graph.
  • Many day traders rely on chartist techniques to make quick buying and selling decisions.

• Noun (Historical Reformer):

  • The Chartist movement organized massive petitions to Parliament demanding voting rights for all men.
  • She wrote a paper on the role of Chartists in the development of British democracy.

Advanced Usage

• Technical Analysis: In finance, a chartist practices technical analysis, believing that historical price trends and patterns tend to repeat.

  • Chartist theory suggests that support and resistance levels on a graph can indicate future price action.

• Historical Context: The term is often capitalized ("Chartist") when referring to the historical movement and its members.

  • The Chartist rallies were a significant force for political change in Victorian England.

Variants and Related Words

• Chartism (n): The principles or movement of the 19th-century Chartists.

  • Chartism was a pivotal campaign for democratic reform.

• Technical analyst (n): A synonym for a chartist in the financial sense.

  • The technical analyst used moving averages and other indicators in her report.

Synonyms

• Financial sense: Technical analyst, market technician.
• Historical sense: Reformer, radical, campaigner.

Related Phrases

• Chartist movement: The specific historical campaign for the People's Charter.

  • The Chartist movement was ultimately unsuccessful in its immediate goals but influenced later reforms.

• Chartist patterns: In finance, recognizable formations on price charts, like "head and shoulders" or "double top."

  • He specialized in identifying classic chartist patterns to time his trades.

Noun

1. a stock market analyst who tries to predict market trends from graphs of recent prices of securities
2. a 19th century English reformer who advocated better social and economic conditions for working people