Technical Analysts (sometimes called “Technicians”) try to spot trends in share prices as they are continually changing, and have developed a vocabulary of technical terms to describe that behaviour. A lot of them, such as moving average or linear regression, are simply standard statistical methods that have been pressed into service to remove the random variation from the share price. Detailed descriptions of these can be found in any statistics text book, and there are many online tutorials that will explain them. Others describe the overall shape of the share-price graph in easy-to-understand terms, such as “cup and handle”, “head and shoulders” etc.
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