Chapter 10 - Technical Analysis : Introduction
Chapter 10 - Technical Analysis : Introduction
Have you heard of technical analysis? Yes or No? Well, don’t be taken aback by just...
10.1 How did technical analysis evolved?
Technical analysis, actually, was the brainchild of Dow Jones, editor of the Wall Street Journal...
10.2 What is the rational behind technical analysis?
Technical analysts believe that it is possible to forecast the future price of a share by looking
10.3 What is Dow Theory?
According to the Dow Theory, the market (which means price of stocks in general) has three simultaneous...
10.4 Charts
10.4 Charts
As discussed earlier, technical analysts prepare charts and graphs of various market statistics...
10.5 Market Information
It is the relative comparison of opening price, high price, low price and closing price within a day.
10.6 Predicting the market
Obviously the most important challenge for any investor or market player is predicting the stock market.
10.7 Predicting the stock
10.7 Predicting the stock
For forming such decisions, a technical analyst usually examines two factors
10.8 Interpreting chart patterns
There are a number of chart patterns and empirical rules for predicting the future trend.
10.9 Moving averages
Moving averages are one of the most popular and easy to use tools available to the technical analyst.
10.10 MACD indicator
What Does Moving Average Convergence Divergence (MACD) mean? It is a mathematical...
10.11 CAN SLIM - Stock picking strategy
CAN SLIM is a philosophy of screening, purchasing and selling common stock developed by William...