Introduction to Technical Analysis
Master the foundational concepts of technical analysis, from basic chart reading to understanding market psychology. This comprehensive module covers everything you need to start your journey in technical analysis.
Introduction Video
Get started with the fundamentals of technical analysis
Interactive Chart Analysis
Practice identifying trends and patterns on real market data
What is Technical Analysis?
Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Unlike fundamental analysis, which attempts to evaluate a security's value based on business results, technical analysis focuses on the study of price and volume data.
Core Principles
Market Action Discounts Everything
All known information is reflected in the price, including fundamental factors.
Prices Move in Trends
Prices tend to move in trends that persist over time, creating predictable patterns.
History Repeats Itself
Market psychology remains consistent, leading to repeatable price patterns.
Types of Analysis
Chart Pattern Analysis
Identifying recurring formations in price charts that suggest future price movements.
Technical Indicators
Mathematical calculations based on price and volume to generate trading signals.
Support & Resistance
Key price levels where buying or selling pressure tends to emerge.
Practice Exercise
Test your understanding of basic technical analysis concepts
Question 1 of 5
Which of the following is NOT a core principle of technical analysis?