Technical analysis:
A) looks for patterns in stock prices.
B) can systematically beat market averages, according to research economists.
C) is useful for predicting when stocks will stay above certain price thresholds.
D) All of the answers are correct.

Question

Quizplus · Accepted Answer

Technical analysis looks for chart patterns and trends in stock prices, which can provide insights into possible future price movements. However, research has shown that technical analysis alone cannot consistently beat the market averages. It is also not necessarily useful for predicting specific price thresholds, but rather for identifying possible trends in the market.

Technical Analysis