Analysis of stock: Technical Analysis
Technical Analysis Analysis of stock: Technical Analysis The second major type of Analysis of a stock (first is Analysis of stock: Fundamental Analysis ) is on the basis of technical indicators. It focusses on the price action of the stock. This is a main way by which intraday traders or short term traders, FnO traders analyze a stock. It is used to predict to price movements of the stock i.e. upside or downside. Key factors of Technical analysis are Analysis of stock: Technical Analysis · Charts · Price Action · Indicators (MACD, RSI, Alligator, etc.) · Market Statistics · Demand and Supply patterns · Moving averages · Exponentially moving averages. Technical vs. Fundamental Analysis Technical Fundamental Focuses on pri...