What does technical analysis tell you?

01:03 Mins Read

Technical analysis can give you insights about a lot of things. Watch this video to know more about what technical analysis reveals.

Transcript

What does technical analysis tell you? Technical analysis makes use of various technical indicators to give traders like you a wealth of information. It tells you how the price of a stock has changed historically over the past few weeks, months, or years. It shows you the changes in the volume of the stock traded over a given time period. Technical analysis also throws light on how the forces of demand and supply for a stock affect its price movements. These data points can help understand future trends in stock prices. To study and represent all of this data, technical analysis makes use of various kinds of charts. Head to the next chapter of Smart Money to discover the charts used in technical analysis.