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Gann Fans

What is 'Gann Fans'

A form of technical analysis based on the ideas that the market is geometric and cyclical in nature. A Gann fan consists of a series of diagonal lines called Gann angles, of which there are nine. These angles are superimposed over a price chart to show a security's support and resistance levels. The resulting image is supposed to help technical analysts predict price changes. Although once drawn by hand, today Gann fans can be drawn with software programs.

Explaining 'Gann Fans'

Gann Fans were developed by W. D. Gann, who was also known for his accurate financial predictions, called the Gann studies, in the early 1900s. Gann's ideal angle was a 45 degree angle based on his ideal balance of time and price. However, because the construction of a Gann fan relies heavily on subjective choices made by individual traders, the chart may be limited in its usefulness and accuracy. The three premises Gann based his theory on were: i) price, time and range are the only factors, ii) cyclical markets, and iii) geometric market design.


Further Reading


Predicting the financial distress of firms using genetic neural networks [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-HZSZ200502015.htm'>PDF]
… EMH represents a long-standing conventional view of the mainstream economists starting from … Fundamental analysis relies on economic data and focuses on the economic forces of … notions now called Gann angles and other elaborations called Gann fans, Gann grids, and …

Huawei's catch-up in the global telecommunication industry: innovation capability and transition to leadershipHuawei's catch-up in the global telecommunication industry: innovation capability and transition to leadership
www.tandfonline.com [PDF]
… EMH represents a long-standing conventional view of the mainstream economists starting from … Fundamental analysis relies on economic data and focuses on the economic forces of … notions now called Gann angles and other elaborations called Gann fans, Gann grids, and …

A statement on free improvisationA statement on free improvisation
www.tandfonline.com [PDF]
… EMH represents a long-standing conventional view of the mainstream economists starting from … Fundamental analysis relies on economic data and focuses on the economic forces of … notions now called Gann angles and other elaborations called Gann fans, Gann grids, and …

Emerging technologies and the democratisation of financial services: A metatriangulation of crowdfunding researchEmerging technologies and the democratisation of financial services: A metatriangulation of crowdfunding research
www.sciencedirect.com [PDF]
… EMH represents a long-standing conventional view of the mainstream economists starting from … Fundamental analysis relies on economic data and focuses on the economic forces of … notions now called Gann angles and other elaborations called Gann fans, Gann grids, and …

An Empirical Test of Environmental Kuznets' Curve in China <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-NKJJ200503009.htm' />An Empirical Test of Environmental Kuznets' Curve in China [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-NKJJ200503009.htm'>PDF]
… EMH represents a long-standing conventional view of the mainstream economists starting from … Fundamental analysis relies on economic data and focuses on the economic forces of … notions now called Gann angles and other elaborations called Gann fans, Gann grids, and …

The Economic Role and Main Springs of ImperialismThe Economic Role and Main Springs of Imperialism
books.google.com [PDF]
… EMH represents a long-standing conventional view of the mainstream economists starting from … Fundamental analysis relies on economic data and focuses on the economic forces of … notions now called Gann angles and other elaborations called Gann fans, Gann grids, and …

Regional innovation environment and innovation efficiency: the Chinese caseRegional innovation environment and innovation efficiency: the Chinese case
www.tandfonline.com [PDF]
… EMH represents a long-standing conventional view of the mainstream economists starting from … Fundamental analysis relies on economic data and focuses on the economic forces of … notions now called Gann angles and other elaborations called Gann fans, Gann grids, and …


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