Technical Indicators

technical indicator are use useful tool and there are not decision marker . Technical indicator are the can shows the Buying and selling signals directly without doing any calculations. It reduce the time to calculate , refer multiple data for understand the stock movement.
When we sum all the previous day closing price and divide by the number of days it is called moving average.it is a effective tool.
RSI is called relative strength index it works good in it comes to the sideways markets. And also it is non trending indicator.
Fibonacci series itself is a series of numbers where any number is the result of the sum of previous two numbers such as in the series.Golden mean is the number that is the result of diving any two adjacent numbers.
the Technical Indicator are useful when we understand the demand and supply.