Scatter Chart

From Reuters Financial Glossary

In technical analysis, these charts illustrate the degree of correlation in a market between two different financial instruments, such as two shares or two bonds, by showing the value for one plotted against the value of the other. The X axis has values for the first instrument and the Y axis portrays corresponding values for the second instrument. Scatter charts cannot be combined with other analyses on the same graph and limit minders cannot be set for them.

See also: Technical Analysis