How do Canadian investors know when to buy? Technical analysis can help. Find out what technical analysis is in the MoneySense Glossary.
Technical analysis is the theory that price charts for stocks and other securities reflect investor psychology and can reveal profitable trading opportunities. Technical analysts, also called chartists, study charts looking for patterns they believe signal the direction and magnitude of future price moves.
Example: “Technical analysts use methods such as chart analysis, quantitative analysis and market cycle analysis to study past stock price movements and look for recurring patterns.”
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