Test your knowledge

Technical Analysis Quiz - Level 5

The basic aspects of technical analysis is covered in a Quiz Format. This enables trader to enhance their knowledge and trade with confidence You will see one question at a time; get your result at the end.

1. Q1. Technical Analysis is an/a

   AScienceBArtCBoth
2. Q2. Technical Analyst uses:

   ATraded Price and VolumeBNews and Corporate actionsCRevenue and Profit Margin
3. Q3. Technical Analyst working platform is/are

   AChartsBBalance Sheet
4. Q4. Technical Analysis predicts the

   AAbsolute PriceBMost probable Price trend
5. Q5. Which is the preferred chart type used to understand the Long Term price action?

   ALine ChartsBBar ChartsCCandlestick Chart
6. Q6. Why do people choose Bar Chart over Line charts?

   ABar Charts provides more information about the trading dayBBar Charts can predict bullish and Bearish scenario
7. Q7. Why do People choose Candlestick over Bar chart?

   ACandlestick is solid and easy to visualize from a graphical perspectiveBCandlesticks provide more information than bar charts
8. Q8. Dow Theory should be practiced on:

   ADaily Charts with the span of min 1 Year dataBIntraday Charts
9. Q9. Double Top is a

   ABullish IndicationBBearish indication
10. Q10. Double Bottom requires

    ABoth Price and volume confirmationBOnly PriceCOnly Volume
11. Q11. Head and Shoulder Pattern is a

    ABearish Reversal PatternBNot just a reversal pattern, also distribution patternCIt is a graphical representation of price, but volume does not play any role.
12. Q12. Flag pattern is generally a

    AContinuation patternBReversal Pattern
13. Q13. How can you differentiate the bullish candle from a bearish candle

    ACandle sizeBCandle colorCAll of the Above
14. Q14. Bullish engulfing pattern is a

    ATwo candle formation, where bearish candle is covered by bullish candleBOne candle formation, Big Bullish candleCTwo candle formation, where second candle is green with High volume
15. Q15. Technical Analyst may not believe in one of the following statements:

    APrice action discounts every thingBPrice actions are not totally randomCMarket prices can be controlled by exchange
16. Q16. DOJI is a

    AJapanese candlestick patternBSign of neutralCEarly indication of neutral or reversalDAll of the above
17. Q17. Study of Technical Analysis may not assist trader to

    AFind the trend of the MarketBDecide on Buying Levels, Stoploss and TargetsCLearn the reason to buy the stock
18. Q18. What is a Support Level?

    ALevel where the Weakness in price may see temporary strength.BIt is a Break out pointCWhere supply is more than demand