Technical Analysis

What is technical analysis primarily used for?

• Predicting long-term economic trends

• Evaluating a company's financial health

• Analyzing past market data to forecast future price movements

• Determining the intrinsic value of a stock

Which of the following is NOT a technical indicator?

• Moving Average

• Price-to-Earnings Ratio

• Relative Strength Index (RSI)

• Bollinger Bands

What does the term "support" refer to in technical analysis?

• The highest price level a stock can reach

• A price level where a downtrend can be expected to pause due to a concentration of demand

• The average price of a stock over a period of time

• A line connecting the highest points on a price chart

What is the Relative Strength Index (RSI) used to measure?

• Market volatility

• Price momentum

• Trading volume

• Economic strength

What type of chart is most commonly used in technical analysis to plot stock prices?

• Pie Chart

• Bar Chart

• Candlestick Chart

• Line Chart

What does the term "resistance" refer to in technical analysis?

• The lowest price level a stock can reach

• A price level where an uptrend can be expected to pause due to a concentration of selling

• The average price of a stock over a period of time

• A line connecting the lowest points on a price chart

Which technical analysis tool is used to identify overbought and oversold conditions in the market?

• Exponential Moving Average

• Price-to-Book Ratio (P/B)

• Relative Strength Index (RSI)

• Earnings Per Share (EPS)

What does the term "volume" refer to in technical analysis?

• The number of shares traded in a given period.

• The highest price level a stock can reach.

• The average price of a stock over a period of time.

• The market capitalization of a stock.

What is the purpose of a "trend line" in technical analysis?

• What is the purpose of a "trend line" in technical analysis?

• To identify the direction of the market trend.

• To measure market volatility.

• To compare the performance of different stocks.

What does the term "oscillator" refer to in technical analysis?

• A tool used to measure market volatility.

• A financial statement showing a company’s performance.

• An indicator that fluctuates within a bounded range.

• A line that connects the highest points on a price chart.