Technical Analysis

Technical Analysis is a trading discipline employed to evaluate investments and identify trading opportunities in price trends and patterns seen on charts. Technical analysis believes past trading activity and price changes of security can be valuable indicators of the security’s future movements.

  • A resistance level represents a price point that an asset has had trouble exceeding in the time period being considered.

  • The support level represents a price point that an asset struggles to fall below over a given time period.

Technical analysis seeks to predict price movements by examining historical data mainly price and volume. It helps traders and investors navigate the gap between intrinsic value and market price by leveraging techniques like statistical analysis and behavioural economics.

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