Technical Analysis

 Technical Analysis

Technical Analysis is the art of using historical prices to predict future prices.

Parameters used for analyzing a chart

Price= It is the rate at which the buyer is ready to buy and the seller is prepared to sell.

Volume= It is the most critical parameter to comprehend a chart of a particular stock.

Trend= Trend is also an important parameter for traders.

 Uptrend=Upward movement is called uptrend. Higher high and higher lows.

 Downtrend=Downward movement is called a downtrend. Lower highs and lower lows.

 Sideways=When price moves sideways in a horizontal range.