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Tagged: Technical indicators
Technical Indicators are just a proven theories to forecast future price movements based on past historical price actions. It is not based on the assessing instrument’s fundamental factors. Since the future prices are predicted using some technical tools (based on past prices), the influence of future plans about the stocks is missing in technical indicators, where as fundamental analysis would cover the future actions of the company to predict the price movement.
Technical indicator is like reading the records and taking the decisions .
It is used as supporting tool for other analysis.
technical indicators are one of of the supporting tool to analyze the market.
It indicates the price movement.
technical indicators are decision making tool to determine the trend.
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technical indicators are one of of the supporting tool to analyze the market.
It indicates the price movement.
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