The ideas that stock prices tend to move in trends that persist for long periods and that these trends can be detected in charts are basic assumptions of fundamental analysis.

Question

Quizplus · Accepted Answer

The ideas mentioned in the statement are basic assumptions of technical analysis, not fundamental analysis. Fundamental analysis focuses on analyzing the financial and economic fundamentals of a company to determine its intrinsic value and potential for growth.

The Ideas That Stock Prices Tend to Move in Trends