__________ involves the examination of historical data on prices and volume to determine futures prices on the basis of trends.

A) Historical forecasting
B) Experts' forecasting
C) Technical analysis
D) Investor forecasting

Question

__________ involves the examination of historical data on prices and volume to determine futures prices on the basis of trends.

A) Historical forecasting
B) Experts' forecasting
C) Technical analysis
D) Investor forecasting

Quizplus · Accepted Answer

Technical analysis involves the examination of historical data on prices and volume to determine future prices on the basis of trends.Technical analysis does not involve the study of economic and company variables to arrive at an estimate of value.Rather,all the information necessary to predict future prices is contained in the sequence of past prices.At the extreme,pure technical analysis involves ignoring all current and past economic news and information.Examples of technical analysis include charting and wave analysis.

__________ Involves the Examination of Historical Data on Prices and Volume