Technical analysis
About technical analysis
Technical analysis is a tool that traders use to predict the movement of financial prices. This is done by studying the past price movement of a financial instrument and predicting how the price will move over time (in the future). This tool can be applied to any tradable financial instrument where the price is determined by demand and supply.
Does not take into consideration
- Quarterly Reports
- Interest Rates
- Stock Market Indices
- Predictions
- Statements
- News
- Rumours
Technical analysis time frame
- Intra-day – 1 min | 5 min | 10 | 15 | 30 | Hourly
- Daily – analyse short-term trends
- Weekly – analyse transitional trends
- Monthly – long-term analysis
Popular charts to use in technical analysis
