Definiton

An analysis technique used to predict the trend of a stock price by studying past data markets, especially on price and volume movements. Initially, technical analysis only considered the price movement of the market or instrument in question, assuming that prices reflected all relevant factors before an investor became aware of them through some other means. Technical analysis can use various models and bases, for example, for price movements, methods such as the Relative Strength index, moving average index, regression, inter-market and intra-market correlations, cycles or in the classic way, namely analyzing chart patterns, are used.