What are the pro / cons of technical analysis?

[kanakaraj]

Pros:

Technical analysis is more easy to do as compared to Fundamental analysis.
Known data which gives an idea about the market.
Not much time and money required to do

Cons:

This is not much reliable because copying the stronger hands.
We cant plan for long time investments through this.

[Padmavathi Sukumar]

Pros – The main advantage of technical analysis is that it requires less data, it can be done using demand, supply and volume from the market. The data required for this analysis is much easier to obtain

Cons – The disadvantage of technical analysis is that it is not very reliable as market action is followed to take decisions. It does not benefit long term investment

[R.Durga Prasad]

Pros of Technical analysis:

1.It requires only price and volume which are transparent.

2.It quickly shows the changes in the market.

Cons of Technical analysis:

1.Always we cannot blindly follow it.

2.It cannot be useful for long term investment.

[KRISHNA KUMAR MS]

Pros – The main advantage of technical analysis is that it requires less data, (volume and price Movements). Anybody can get this live from the market.

Cons – The disadvantage of technical analysis is that it is not very reliable as market action is followed to take decisions. It does not benefit long term investment

[Ravishankar]

Pro:

We can easily access the date and it’s readily available in the system

Easy to do the analysis using our methods

Cons:

It’s not always favor

Not suitable for long term investor

[Author]

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