How to Read a Stock Chart - Intro to Technical Analysis

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What Is Technical Analysis?
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysis, which attempts to evaluate a security's value based on business results such as sales and earnings, technical analysis focuses on the study of price and volume.

KEY TAKEAWAYS
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities in price trends and patterns seen on charts.
Technical analysts believe past trading activity and price changes of a security can be valuable indicators of the security's future price movements.
Technical analysis may be contrasted with fundamental analysis, which focuses on a company's financials rather than historical price patterns or stock trends.

Understanding Technical Analysis
Technical analysis tools are used to scrutinize the ways supply and demand for a security will affect changes in price, volume, and implied volatility. It operates from the assumption that past trading activity and price changes of a security can be valuable indicators of the security's future price movements when paired with appropriate investing or trading rules.

It is often used to generate short-term trading signals from various charting tools, but can also help improve the evaluation of a security's strength or weakness relative to the broader market or one of its sectors. This information helps analysts improve their overall valuation estimate.

Technical analysis as we know it today was first introduced by Charles Dow and the Dow Theory in the late 1800s.1 Several noteworthy researchers including William P. Hamilton, Robert Rhea, Edson Gould, and John Magee further contributed to Dow Theory concepts helping to form its basis. Nowadays technical analysis has evolved to include hundreds of patterns and signals developed through years of research.

Using Technical Analysis
Professional analysts often use technical analysis in conjunction with other forms of research. Retail traders may make decisions based solely on the price charts of a security and similar statistics, but practicing equity analysts rarely limit their research to fundamental or technical analysis alone.
Technical analysis can be applied to any security with historical trading data. This includes stocks, futures, commodities, fixed-income, currencies, and other securities. In fact, technical analysis is far more prevalent in commodities and forex markets where traders focus on short-term price movements.
Technical analysis attempts to forecast the price movement of virtually any tradable instrument that is generally subject to forces of supply and demand, including stocks, bonds, futures, and currency pairs. In fact, some view technical analysis as simply the study of supply and demand forces as reflected in the market price movements of a security.

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#StockMarket #ReadingCharts #TechnicalAnalysis
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DISCLAIMER:
This video is for entertainment purposes only. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.

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[TheSimArchitect]

Wow! Fabulous tutorial! Finally someone explains why some things like channels happen, amongst other things. We always see technical analysis all over the place but I never saw anybody talk about what causes them. Thanks a lot for your content! 😇

[nick_merchant]

I love the way you speak and explain. You can teach anything to anyone. Always enjoy watching and listening to you.

[jprecinos]

One of the best videos I have watched about this topic! Great job! I appreciate your perspective about the role that large funds and computer technology play in the market. That is something that some traders tend to overlook.

[spencerflint]

Thanks for this Jake! I’ve really gotten a lot out of your videos lately. Keep up the great work!

[chrisl]

This is the best instruction video about not just how to read technical market info, but also the reasons behind it. Thank you!!!!

[redkellbell]

Awesome video Jake! Lots to learn from, going to watch it a few times to get everything down.

Was wondering, would you do a video sometime on comparing fundrise with regular stock reits investing? As well as pros and cons?

Thanks for all the informational videos and the hard work you put into them!

[kirkcrowther]

Hi Jake, this is a great video. Thanks so much for putting it together. I'm trying to self-learn finance too, and videos like this really helps with understanding the terminology and learning how to read graphs :-).

[wkhoo]

Fantastic Video Jake. Even though i know some of this TA, your one video clearly explained everthing and best of all so simple to understand and comprehend. Good job and keep it up.

[barus]

Thanks Jake! You couldn't have timed this video release any better. I was just about to do a deep dive into technical analysis this week haha

[charanjeetsingh-zhhn]

you are the best teacher one can ever have!!
huge respect 💓💓💓

[mccurleyharry]

Good job! Simple enough to understand yet not patronising. Many thanks 😀

[RideSmoothTV]

Another very informative video, Jake. Its always good to learn no matter the level of experience. Plus, it helps refreshen the brain and see a rather tedious task in new ways.

[peterdimitrov]

Well done! Keep doing good videos. Very helpful. Thanks

[Aidanslam]

i wish i found this channel sooner! I cannot believe you have less than a million subscribers. Keep up the great work!

[Reza_Audio]

You are amazing Jake, We learn a lot from you, great explanation with example.
please make a playlist for technical analysis and once in a while update it. I really appreciate it

[mikem]

Wow!! Best explanation on youtube thanks alot

[edwinleech]

Best video I saw of yours on shares markets charts thanks lots bless you

[lizlemon]

Excellent presentation, you’re a gifted teacher. Thx.

[toxrep]

Freaking A, I saved this video and shared with my friends. Really good video, Jake.

[aniosberthold]

Great content brother. Very informative.