股票外汇技术分析英文版 24.pptVIP

(湖南师大附中内部资料)高三化学习总复习课件：高三第五次周考试卷分析课0801(课件)(培训课件)班组建设与5S管理培训多媒体计算机系统常用硬件设备教材 STEP THREE: GET YOUR TIMING RIGHT With technical analysis, timing is the critical success factor.? Technical Analysis serves to determine when to buy or when to sell shares. It is concerned with the use of graphs to study historical price and volume patterns in order to predict the future course of share prices. It determines the optimum time to buy and sell shares as opposed to the intrinsic value of shares. Step 3: Get your Timing Right TECHNICAL ANALYSIS DEFINED Technical Analysis discounts fundamental factors and these fundamentals are reflected in the price and volume. Price is determined by supply and demand, while volume is determined by commitment to supply and demand. Price and volume form trends and these trends form patterns. The analysts job is to identify these patterns for future buying and selling opportunities. The key assumption upon which technical analysis is based is that the sum of everything that everyone knows or feels about a share, sector or market is reflected in the price and volume. Prices move when there is a change in the feeling or when new knowledge becomes available. Technical analysis is the study of the shares price and volume chart to search for historical patterns which may help to predict the future price patterns. PRICE VOLUME FACTORS An up-trend - there are more buyers than sellers (i.e. demand exceeds supply); A down-trend - there are more sellers than buyers (i.e. supply exceeds demand); A sideways trend - there is a battle for supremacy between the buyers and sellers (i.e. supply and demand are equal). Share prices move in a series of peaks and troughs. The direction of those peaks and troughs determine the direction or trend of the market. There are three kinds of trend, namely: ? MARKET TRENDS Over the years, technicians have devised a number of different ways of physically representing market data on charts. The most popular char