A Tribute

Thank You,
John J. Murphy

This application exists because of one book. Technical Analysis of the Financial Markets is the definitive guide that turned chart-reading from art into a disciplined methodology — and every signal, indicator, and prediction in Murphy Trend traces directly back to its pages.

Published 1999 Industry Standard 576 Pages of Wisdom
Technical Analysis of the Financial Markets
John J. Murphy
New York Institute of Finance · 1999

Who Is John J. Murphy?

John J. Murphy is one of the most respected technical analysts in the world. With decades of experience as a market analyst and author, he served as the technical analyst for CNBC for seven years and has consulted for major financial institutions globally.

His book, first published in 1986 and comprehensively updated in 1999, synthesised the entire field of technical analysis into a single authoritative reference. It covers everything from Dow Theory and trend analysis to oscillators, Fibonacci retracements, Elliott Wave, and intermarket analysis — making it required reading for the Chartered Market Technician (CMT) exam.

"The technical approach to investment is essentially a reflection of the idea that prices move in trends and that these trends tend to persist. A chart of past price action contains all the information you need to make intelligent trading decisions." — John J. Murphy, Technical Analysis of the Financial Markets

A Legacy in Milestones

1986 — First edition of Technical Analysis of the Futures Markets published, later expanded to cover all financial markets.
1991–1998 — Murphy serves as CNBC's on-air technical analyst, bringing chart analysis to mainstream investors.
1999 — The fully revised Technical Analysis of the Financial Markets is published by the New York Institute of Finance — the edition this app is based on.
2000s–present — The book becomes mandatory reading for the CMT (Chartered Market Technician) designation and remains the industry's standard reference.
March 01, 2026 · 03:48 PM CT — Murphy Trend is built, bringing Murphy's methodology to life as an automated, real-time analysis tool.

What Murphy Trend Owes to the Book

Every analytical feature in this application is grounded in a specific chapter or concept from Murphy's book.

Trend Analysis & Dow Theory Ch. 1–4

Higher highs / higher lows, secondary trends, trendline channels, and support & resistance zones form the backbone of the outlook score.

Retracements & Fibonacci Ch. 4 & 13

The 33 %, 50 %, 66 % retracement zones and Fibonacci 38.2 % / 61.8 % levels used for price-target calculation come directly from Murphy's framework.

Chart Patterns Ch. 5–6

Head & Shoulders, double / triple tops & bottoms, triangles, flags, pennants, rectangles, gaps, and key reversal days — all from Murphy's pattern taxonomy.

Moving Averages Ch. 9

The 50-day and 200-day MAs, golden cross, death cross, and price position relative to the moving average envelope are implemented exactly as Murphy prescribes.

Oscillators — RSI & MACD Ch. 10

RSI(14) with overbought (70) / oversold (30) thresholds, divergence detection, and MACD line / signal crossovers follow Murphy's oscillator methodology precisely.

Volume & OBV Ch. 7

Volume confirmation of breakouts and OBV trend analysis are central Murphy principles for validating price moves before acting on signals.

Bollinger Bands & Volatility Ch. 9

Bollinger Bands (20, 2) for volatility measurement and price-target projection via band width and measured-move techniques.

Thank You, John

Murphy Trend is a humble attempt to honour your life's work. Every chart, every signal, every price target is a direct expression of the principles you spent decades codifying. This app would not exist without your book.