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Technical Analysis for Stock Market Success

What are the top technical analysis tools?

Technical analysis is one of the core skills that have to be part of any trader’s repertoire.

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Simple Moving Averages

SMA is one of the simplest and basic technical analysis tools used by traders. This tool provides the average of the stock prices for any number of days as per the preference of the trader.

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On-Balance Volume

On-Balance Volume is a tool to indicate the positive or the negative pressure of the volume of any stock that can influence the stock prices thereby increasing it or decreasing it.


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Aroon Indicator

This technical analysis tool is used to measure if the stock or the asset is in trend and if the trend is likely to change. It is used to measure the time taken by the security for its prices to reach the highest and the lowest points in a given time period.

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Relative Strength Index (RSI)

Relative Strength Index (RSI) is the tool used to indicate the speed of changes in stock prices. It is also used to identify any price trend reversals. RSI is analyzed based on the default period of 14 days. 

Research Tools in Technical Analysis

Technical analysis is one of the core skills that have to be part of any trader’s repertoire. It is important that traders know how to evaluate stocks using various technical analysis tools so theory can understand the price movements as well as its volatility that is a part and parcel of the stock markets. When we talk about technical analysis, for an average investor or trader, they seem to be too many technical terms that can often be scary.
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Pride Trading Consultancy Private Limited:

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STARTUP INDIA REG: DIPPI38800

Reg Address: 410-411, 4th Floor,Serene Centrum,

Near Gangotri Exotica, Gotri,Sevasi Road,

VADODARA, GUJARAT, 390021

Research Analyst: Apeksha Bansal

Telephone: +91 8141054547 | Email: compliance@pridecons.com

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