I want to invest in stocks how can i do the technical analysis on various stocks?what are the procederes to follow technical analysis on stocks?
How to perform technical analysis of stocks?
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I want to invest in stocks how can i do the technical analysis on various stocks?what are the procederes to follow technical analysis on stocks?
Himasree
To perform technical analysis of stocks an investor or a trader should consider learning the basics of technical analysis. Technical analysis of stocks refers to forecasting the future performance of the company’s stocks by analyzing their historical data that consists of several components such as market data, price, and volume. Technical analysis of stocks allows investors or traders to analyze the future price of stocks by studying their past behavior. Key fundamentals of technical analysis are a trend, area of value, entry trigger. Technical analysis helps you to decide when to buy. On the other hand, fundamental analysis helps you what to buy.
Analysis of stocks: While doing technical analysis of stocks, you can use different types of charts like
a) Line charts
b) Bar charts
c) Candlestick charts
d) Point and figure charts.
Focus on all the above points to analyze stocks technically. Hope this information is helpful.
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