TradingView helps you make sure your long-term positions are aligned with healthy trends and not driven by short-term noise.
10.1 Zooming Out: Weekly and Monthly Charts
For long-term investing, always start with higher timeframes:
- Use weekly and monthly charts to see:
- The general trend (up, down, sideways).
- Major support and resistance zones.
- Big drawdowns and recoveries.
This perspective:
- Prevents you from overreacting to a random bad day or week.
- Helps you see whether a stock or ETF is in a long-term uptrend that fits your thesis.
10.2 Spotting Major Trends vs Noise
A few simple checks:
- Is the price mostly above or below a long moving average (e.g., 200-day or 40-week)?
- Are higher highs and higher lows forming over time (uptrend), or the opposite?
- Is volume generally supporting major moves (rising on rallies, not just on drops)?
For broad ETFs (like XEQT/VEQT) and large, steady companies, you’re often looking for:
- A long-term upward bias with temporary dips, not perfect smoothness.
- Whether big drops correspond to market-wide events rather than company-specific disasters.
10.3 Simple “Health Checks” for Long-Term Positions
Every 6–12 months, open your key long-term holdings in TradingView and ask:
- Has the long-term trend changed (uptrend broken, multi-year support lost)?
- Has something fundamental changed at the company or in the ETF (e.g., severe dividend cut, major strategy change)?
- Is this position still aligned with my time horizon and plan?