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technical analysis is studying the price movements of a company by its demand and supply and it can be done by any retail investors.
Analysis done based on the fundamental analysis is technical analysis.
In technical analysis demand and supply are key elements for forecasting the price movements.
Technical analysis is studying the price movements by using various theories like Dow theory, Double top, Double bottom, Head and shoulder, Cup etc.
The data required for analysis are demand, supply, volume traded.Technical Analysis is one that is done with the market actions. Based on various methods like dow theory, price patterns etc. studying the market’s demand, supply with volume and performing analysis on the same is technical analysis.
Technical analysis is the art of studying and analyzing the price movements by using different type of charts like line chart, bar chart, candle stick charts and using various theories like Dow theory, Double top, Double bottom, Head and shoulder, Cup etc to predict the future price movement.
The data required for analysis are demand, supply and volume traded.
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