In finance, technical analysis is a security analysis discipline used for forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which, being an aspect of active management, stands in contradiction to much of modern portfolio theory. The efficacy of both technical and fundamental analysis is disputed by efficient-market hypothesis which states that stock market prices are essentially unpredictable.
Read more about Technical Analysis: History, General Description, Characteristics, Principles, Industry, Combination With Other Market Forecast Methods, Empirical Evidence, Ticker Tape Reading, Quotation Board
Other articles related to "technical analysis, analysis":
... of the very patterns they tried to anticipate, rendering the method, and all forms of technical analysis, useless ... The record of this, as of most technical analysis, is at best mixed ... Some who advocate technical analysis of markets have questioned the value of Elliott wave analysis ...
... as both a day and position trader, and began utilizing personal computers in his technical analysis research ... to trade full-time and continue his research at applying personal computers to technical analysis ... these capabilities had become the standard in technical analysis software for both stock and futures traders ...
... Trend lines are a simple and widely used technical analysis approach to judging entry and exit investment timing ... price charts, however they can also be used with a range of technical analysis charts such as MACD and RSI ...
Famous quotes containing the words analysis and/or technical:
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