Technical Analysis -II _Quiz-1

What is technical analysis used for?

• Technical analysis is used for predicting weather patterns.
• Technical analysis is used for assessing company management.
• Technical analysis is used for determining employee performance.
• Technical analysis is used for predicting price movements and making trading decisions.

What do charts in technical analysis show?

• Past price movements

• Past and current price movement

• Current price movement

• Future price movement

If a candlestick has a long top shadow, what does it mean?

• The price went high but came down

• The price stayed the same

• The price never went up

• The market disappeared

What does a bullish trend mean?

• The price is going down

• The price is going up

• The market is sleeping

• The price is staying the same

What does a bearish trend mean?

• The price is going up

• The price is going down

• The price remains the same

What does "volume" mean in trading?

• How loud the stock market is

• The number of trades happening

• The price of one stock

• The time of the day