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Questions: chart & ratings stuff

Joined
17 November 2008
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newbie standing ready for your answers lol. can someone please unconfuse me - when an analyst rates a stock as 'outperform' or 'underperform' what is it they actually mean? i would have thought that 'outperform' meant that the price of a stock was overpriced but i see this rating when others are rating the stock as buy so i'm confused . also when looking at a chart what is the 'bolinger band' or the 'donchain channel' ???
 
excellentay thanking you. you have already obviously guessed that there are going to be many more terms that i'm reading on this site and others that i dont understand. eg just been reading the candlestick thread here and of course i'm in the 'what is it that a candlestick chart is used for' boat. no dont answer that, lol, i will find out!! if you have any other suggestions on other places to start where the books on basics leave off (see my entry on 'introduce yourselves' thread) i would be very greatful. thanks again
 
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