A Review of Technical Analysis as a Tool for Stock Market Forecasting

Authors

  • Dr. Harish Mathew Researcher, Bharathiar University, India

Keywords:

Technical Analysis, Finance, Stock Analysis

Abstract

Technical analysis is a fundamental analysis that uses historical price charts and various other factors to predict future price movements in the markets. Technical analysis is a type of market analysis that is focused on the price charts of an asset. Unlike fundamental analysis, it focuses on the intrinsic value of an investment. Analyzing a company's balance sheet, profit, and loss account, and cash flow statement is an effective way to evaluate its financial performance, but sometimes it is very time-consuming and not practical for a brief period. Thus most short-term traders rely on Technical Analysis as a tool for stock market trading. This study focus on a review of various recent researches about technical analysis and its applications. This study also extends the multiple assumptions and their validity on which technical analysis.

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Published

2021-11-03

How to Cite

Mathew, D. H. . (2021). A Review of Technical Analysis as a Tool for Stock Market Forecasting. International Journal of Discoveries and Innovations in Applied Sciences, 1(6), 1–4. Retrieved from https://openaccessjournals.eu/index.php/ijdias/article/view/554

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