What is called technical indicators? How it is different from other analysis? *
Technical indicators, collectively called “technicals”, are distinguished by the fact that they do not analyze any part of the fundamental business, like earnings, revenue and profit margins. Technical indicators are used most extensively by active traders in the market, as they are designed primarily for analyzing short-term price movements. To a long-term investor, most technical indicators are of little value, as they do nothing to shed light on the underlying business.
What is Moving Average?
A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. The two basic and commonly used MAs are the simple moving average (SMA), which is the simple average of a security over a defined number of time periods, and the exponential moving average (EMA), which gives bigger weight to more recent prices.
What is RSI? How to identify the buying zone?
The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder, that compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.
What is the logic behind golden Mean – Fibonacci Series?
Mathematicians, scientists and naturalists have known this ratio for years. It’s derived from something known as the Fibonacci sequence, named after its Italian founder, Leonardo Fibonacci. Each term in this sequence is simply the sum of the two preceding terms (1, 1, 2, 3, 5, 8, 13, etc.).
How do we use Fibonacci retracement to identify support and resistance zone?
A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance
