Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
Technical analysis of stocks and trends in the study of historical market data, including price and volume. Using both behavioral economics and quantitative analysis, technical analysts aim to use past performance to predict future marketbehavior.
The purpose of technical analysis is to carry out price forecasts. By processing historical market data of any instrument, you can try to anticipate how it should be traded. There are several premises in favor of the reliability of technical analysis that is based on experience and prolonged observation.
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