Programme Objectives
 
On completion of this tutorial, you will be able to:

• Recognize some of the key ideas behind technical analysis and how it differs from fundamental analysis
• Identify the different types of chart used in technical analysis
• Use trendlines to decide whether a market is moving higher, lower, or sideways

 
Programme Overview

The use of various technical analysis techniques to predict market movements and forecast the direction of prices has been commonplace for centuries. This tutorial provides an introduction to technical analysis, focusing in particular on chart construction and trend analysis.

Prerequisite Knowledge

Financial Markets – An Introduction

Tutorial Level: Introductory
Tutorial Duration: 50 minutes

Programme Outline

Topic 1: Overview of Technical Analysis
What Is Technical Analysis?
Technical Analysis vs. Fundamental Analysis
History & Development
Criticisms of Technical Analysis
 
Topic 2: Chart Construction
Types of Chart
Line Charts
Bar Charts
Bar Charts: Example
Candlestick Charts
Candlestick Charts: Example
Candlestick Charts & Pattern Recognition
Doji Patterns
Point & Figure Charts
 
Topic 3: Trend Lines & Trend Channels
Trends & Waves
Resistance
Resistance: Example
Support
Support: Example
Converging Trend Lines
Trend Channels
Factors Impacting the Strength of a Trend Line
Trading Around a Trend Line
Breaking of a Trend Line
Entering the Market After the Breaking of a Trend Line

Intended For

All

Programme Facilitator(s)