The goal of chart analysis is selecting the ideal time to buy and sell securities based on purely technical stock market data.
Chart analysis is based on the belief that the development of stock market rates – the “chart”- contains all the information necessary to make a correct analysis.
Because the theory is not supported by empirical evidence, predictions based on chart analysis alone have long been the subject of criticism.
More on this topic:
Trading comparison tool
moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 70 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs.
Advertisement
moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom.
