Multiple choice

Which of the following is not an assumption of technical analysis?

  1. The market value is determined by the supply and demand.

  2. The market discounts everything.

  3. The market technicians assume that the past prices predict the future.

  4. The market does not move in trend.

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The market always moves in trend, except for minor deviations, the stock prices move in trends.