Glossary - ChicksX

Technical Analysis is the study of past market data, primarily price and volume, to forecast future price movements.

Technical Analysis is a method used by traders to evaluate and predict future price movements in financial markets. It involves analyzing historical market data, such as prices and trading volumes. This analysis helps to identify patterns, trends, and potential turning points in asset prices. By using various tools and indicators, like moving averages and oscillators, traders aim to make informed decisions about buying or selling assets. Unlike fundamental analysis, which focuses on a company's intrinsic value, technical analysis focuses solely on market data and price action.