DEFINING TECHNICAL ANALYSIS TERMS

In this blog Global Market Astro has tried to explain the terms “amplitude” and “arithmetic mean” that has been used frequently in daily market related technical activities.

AMPLITUDE

Amplitude can be defined as the difference in price from the midpoint of a trough to the midpoint of a peak for a traded security. Amplitude is positive while calculating a bullish retracement (when calculating from trough to peak) and is negative while calculating a bearish retracement (when calculating from peak to trough).Chart pattern analysis states that after a retracement, price will remain to move at least a distance equal to that of the retracement's amplitude.

ARITHMETIC MEAN

The arithmetic mean is a mathematical representation of the typical value of a series of numbers, calculated as the sum of all the numbers in the series divided by the total count of all numbers in the series.Arithmetic mean is usually referred to as "average" or just as "mean".

Source: https://www.globalmarketastro.com/blog/amplitude-and-arithmetic-mean/