technical analysis

What are Some Common Techniques in Technical Analysis?

There are several techniques and tools used in technical analysis, including:
Moving Averages: These are used to smooth out price data to identify trends over a specific period.
Relative Strength Index (RSI): A momentum oscillator that measures the speed and change of price movements.
MACD (Moving Average Convergence Divergence): An indicator that shows the relationship between two moving averages of a security’s price.
Bollinger Bands: A volatility indicator that consists of a set of three lines drawn in relation to a security's price.
Fibonacci Retracement: A tool used to identify potential reversal levels by measuring the distance between significant price points.

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