Technical Analysis of Stock

 Technical analysis refers to the use of price charts and other bits of market information. Technical charts are a key aspect of the study. There are also frameworks like Dow's theories that are all used to make investment decisions. Technical analysis basically tells you the direction of the security i.e. stock, index, currency or commodity. Along with direction, you also get an idea about entry and exit price for a successful trade. Tools like stock charts, candlestick charts and stock ticker are used by technical analysis experts.

    Many investors, who are new to the markets, after opening an account starting learning about ways to make money. Technical analysis can come very handy for such investors to understand the basics and trade.

    People say some aspects of technical analysis began to appear in Amsterdam-based merchant Joseph de la Vega's accounts of the Dutch financial markets in the 1700s. In the 1920-1930s, Richard W. Schabacker published several books on technical analysis.

       Dow theory is based on the collected writings of Dow Jones co-founder and editor Charles Dow. He is said to have inspired the use and development of modern technical analysis at the end of the 1900s. Dow's theories are world-famous.

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