Meaning
Technical Analysis is a method for evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. It’s a foundational approach for traders and investors.Definition
Technical Analysis (TA) studies price movements and volume data, typically using charts, to predict future price direction. It assumes all known information is already reflected in the price.Core Principles
TA operates on three key principles: market prices discount everything, prices move in trends, and history tends to repeat itself.Key Tools
Common tools include charts (candlestick, bar), indicators (Moving Averages, RSI, MACD), and patterns (head and shoulders, double top/bottom).Author
