technical analysis

(noun)

A stock or commodity market analysis technique which examines only market action, such as prices, trading volume, and open interest.

Related Terms

Examples of technical analysis in the following topics:

  • Trend Analysis

    • In addition to using financial ratio analysis to compare one company with others in its peer group, ratio analysis is often used to compare the company's performance on certain measures over time.
    • Trend analysis can be performed in different ways in finance.
    • For example, in technical analysis the direction of prices of a particular company's public stock is calculated through the study of past market data, primarily price, and volume.
    • Fundamental analysis, on the other hand, relies not on sentiment measures (like technical analysis) but on financial statement analysis, often in the form of ratio analysis.
    • Creditors and company managers also use ratio analysis as a form of trend analysis.

  • Introduction to Microeconomics

    • In the last part of the 19th century, "political economy" became "economics. " Since that time, economics has been frequently defined as "the study of how scarce resources are allocated to satisfy unlimited wants. " As a professional discipline, economics is often regarded as a decision science that seeks optimal solutions to technical allocation problems.
    • One perspective is the technical analysis of the processes by which scarce resources are allocated for competing ends.

  • Following a Product Development Process

    • Product development is idea generation, screening, business analysis, technical development, manufacturing, testing, and commercialization.
    • Formal idea generating techniques include attribute listing, forced relationships, brainstorming, morphological analysis, and problem analysis.
    • A product that has passed the screening and business analysis stages is ready for technical and marketing development.
    • Technical development involves two steps.
    • Assuming that the product has cleared the technical and marketing development stage, the manufacturing department is asked to prepare plans for producing it.

  • Introduction

    • It sounds like a very technical idea, but basic harmonic analysis just means understanding how a chord is related to the key and to the other chords in a piece of music.
    • Harmonic analysis is also necessary for anyone who wants to be able to compose reasonable chord progressions or to study and understand the music of the great composers.

  • Business Analysis

    • The first step in the business analysis process is to examine the projected demand for the product.
    • A complete cost appraisal is also necessary as part of the business analysis.
    • Based on these costs, the business analysis stage will estimate the likely selling price.
    • Financial ratio analysis allows an observer to put the data provided by a company in context.
    • Demonstrate knowledge of the components included in the business analysis stage of product development

  • Development

    • Once a potential product has passed the screening and business analysis stages, it goes onto the technical and marketing development stage.
    • Technical development involves two steps.
    • Describe the steps involved in the technical and marketing development stages of new product development

  • Limitations of Financial Statement Analysis

    • Ratio analysis using financial statements includes accounting, stock market, and management related limitations.
    • Ratio analysis using financial statements as a tool for performing stock valuation can be limited as well.
    • While the weak form of this hypothesis argues that there can be a long run benefit to information derived from fundamental analysis, stronger forms argue that fundamental analysis like ratio analysis will not allow for greater financial returns.
    • In another view on stock markets, technical analysts argue that sentiment is as much if not more of a driver of stock prices than is the fundamental data on a company like its financials.
    • These audiences also see limits to ratio analysis as a predictor of stock market returns.

  • Analysis

    • The focus of the business analysis is primarily on profits, but other considerations such as social responsibilities may also be involved.
    • The focus of the business analysis is primarily on profits, but other considerations such as social responsibilities may also be involved.
    • The first step in the business analysis is to examine the projected demand.
    • A complete cost appraisal is also necessary as a part of the business analysis.
    • Expected development cost, including both technical and marketing research and development.

  • New Product Ideas

    • There are two parallel paths involved in the NPD process: idea generation, including product design and detail engineering; and market research and marketing analysis.
    • Ideas for new products can be obtained from basic research using SWOT analysis: Strengths, Weaknesses, Opportunities & Threats.
    • Opportunity analysis: This element translates identified opportunities into implications for the business and technology specific context of the company.
    • This element focuses on aligning ideas to target customer groups, and can include market studies and/or technical trials and research.
    • Explain the front-end process of new product development (NPD) and the characteristics of a SWOT analysis

  • Keep it simple

    • Don't overload your waste-reduction process map with symbols, technical jargon or academic markings that render it incomprehensible.