An advantage of technical analysis over fundamental analysis is that technical analysis
A) has an increased amount of data that allows the analyst to process the information.
B) can more thoroughly investigate accounting information.
C) adjusts for differences in GAAP accounting procedures across the industry.
D) can capture non-quantifiable variables such as psychological factors.
E) can capture variables such as macroeconomic factors.

Question

Quizplus · Accepted Answer

Technical analysis can capture non-quantifiable variables such as psychological factors, which is not possible through fundamental analysis that focuses on accounting and financial data.

An Advantage of Technical Analysis Over Fundamental Analysis Is That