A method of evaluating securities by relying on the assumption that market data, such as charts of price, volume, and open interest, can help predict future (usually short-term) market trends. Unlike fundamental analysis, the intrinsic value of the security is not considered. Technical analysts believe that they can accurately predict the future price of a stock by looking at its historical prices and other trading variables. Technical analysis assumes that market psychology influences trading in a way that enables predicting when a stock will rise or fall. For that reason, many technical analysts are also market timers, who believe that technical analysis can be applied just as easily to the market as a whole as to an individual stock.
Related information about technical analysis:
- Technical analysis - Wikipedia, the free encyclopedia
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 ...
- Technical Analysis: Introduction | Investopedia
Technical analysis studies supply and demand in an attempt to determine the market's direction.
- Technical Analysis Definition | Investopedia
A method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to ...
- Technical Analysis - ChartSchool - StockCharts.com
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical ...
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Free US and Canadian stock technical analysis, charts and stock screening tool utilzing techincal analysis techniques such as candlestick charting, fibonacci ...
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Technical Analysis of STOCKS & COMMODITIES is the magazine for traders -- and traders-to-be -- who want to play the markets with a concrete game plan.
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John J. Murphy is President of MURPHYMORRIS, Inc., a producer of interactive educational products for technical analysis. A former technical analyst for CNBC ...
- Technical Analysis
Technical Analysis is the study of market action (price changes), primarily through the use of charts. The purpose is to forecast future price trends. TA theory is ...