Technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. Using charts, technical analysts seek to identify price patterns and market trends in financial markets and attempt to exploit those patterns.[10]

Technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. Using charts, technical analysts seek to identify price patterns and market trends in financial markets and attempt to exploit those patterns.[10]

Excerpted from the Wikipedia article on technical analysis which has information on many of the techniques and characteristics of financial technical analysis.

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