TECHNICAL-ANALYSIS

Etymology

The term 'technical analysis' originates from the combination of 'technical' referring to the use of historical market data and 'analysis' indicating the process of examining and predicting price movements.

Definition

Technical analysis is a method of visually analyzing, interpreting, and forecasting price movements using historical patterns and statistics to find potential trading opportunities in financial markets.

Historical Context

Technical analysis contrasts with fundamental analysis, which assesses a security's value based on financial data like earnings and sales. It heavily relies on past market data, but it's essential to note that past performance does not guarantee future results.

Cultural Significance

Technical analysis plays a crucial role in the financial industry, providing traders and investors with tools to make informed decisions based on historical market data. It is widely used in various trading strategies and investment approaches.

Related Concepts

Some related concepts to technical analysis include fundamental analysis, quantitative analysis, chart patterns, and market indicators.

See Also

• Master Technical Analysis: Unlock Investment Opportunities and Trade Strategies
• What Is Technical Analysis? | Britannica Money
• What is Technical Analysis? | Technical Analysis Definition | IG International
• TECHNICAL ANALYSIS | English meaning - Cambridge Dictionary
• Technical Analysis: Definition and Meaning | Capital.com