The technical analyst forecasts a company's cash flows to arrive at value. The fundamental analyst relies on past price patterns repeating themselves.

Question

Quizplus · Accepted Answer

The statement is false. The fundamental analyst examines financial and economic factors to determine the value of a company, whereas the technical analyst analyzes market data and charts to identify trends and predict future price movements. Neither solely relies on past price patterns repeating themselves.

The Technical Analyst Forecasts a Company's Cash Flows to Arrive