LeoGlossary: Technical Analysis (TA)

4 mo
1 Min Read
114 words

The forecasting of future price moves based upon the historical performance. This is done by the charting out of the movements of an asset over a period of time.

It is a way for both traders and investors to evaluate different financial instruments. Technical analysis can be used with:

Unlike fundamental analysis, this method is only concerned with the data regarding the market activity. Things such as industry, profit, supply/demand, and any other factors are ignored. The only factors that matter are the signs provides by the indicators used to forecast future pricing.

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