Technical Analysis is a powerful, sophisticated resource to help you identify buy and sell opportunities.
It allows you to analyze stock price performance using market statistics, such as past prices and volume, and identify price tendencies or patterns to anticipate the future direction of a stock's performance.
Technical Analysis will help you:
- Get a clearer picture of market action at a glance – Charts show how prices are moving (or not moving), when they're trending, and the strength of those trends. Volume, oscillators, and momentum data give you a clearer picture of market action.
- Easily identify patterns to predict price movements – Charts help you find patterns to predict price changes.
- Eliminate complex mathematical operations – Technical Analysis is less time consuming than fundamental analysis.
- Quickly identify momentum, volatility and trading patterns – Charts and indicators provide you with significant information, helping you spot trends.