WorksheetsTechnical Analysis -TYBFM
Total questions: 56
Worksheet time: 56mins
What is technical analysis primarily used for?
Predicting long-term economic trends
Evaluating a company's financial health
Analyzing past market data to forecast future price movements
Determining the intrinsic value of a stock
What does the term "support" refer to in technical analysis?
The highest price level a stock can reach
A price level where a downtrend can be expected to pause due to a concentration of demand
The average price of a stock over a period of time
A line connecting the highest points on a price chart
What type of chart is most commonly used in technical analysis to plot stock prices?
Pie Chart
Bar Chart
Candlestick Chart
Line Chart
What does the term "resistance" refer to in technical analysis?
The lowest price level a stock can reach
A price level where an uptrend can be expected to pause due to a concentration of selling
The average price of a stock over a period of time
A line connecting the lowest points on a price chart
What does the term "volume" refer to in technical analysis?
The number of shares traded in a given period.
The highest price level a stock can reach.
The average price of a stock over a period of time.
The market capitalization of a stock.
What is the purpose of a "trend line" in technical analysis?
What is the purpose of a "trend line" in technical analysis?
To identify the direction of the market trend.
To measure market volatility.
To compare the performance of different stocks.
What is the name of the software we used?
Trending view
Trading view
Tremendous view
Total view
Which time frame is used for long term analysis?
5 min
30 min
1 week
15 min
A stock's price is increasing. It is forming higher high and higher low , what does that indicate?
Bearish trend
Neutral
Bullish trend
None
A stock's price is falling. It is forming lower highs and lower low, what trend does this indicate?
Bearish trend
Bullish trend
Neutral
None
An upward moving market is indicated by which Animal?
Horse
Bear
Lion
Bull
Which is the most popular way to display stock charts?
Chopsticks
Candlesticks
Walkingsticks
Bamboo sticks
Candlesticks charts originated from which counntry.
India
Germany
USA
Japan
Does Technical analysis help in finding the time of investment?
True
False
A theory developed to analyze the movement of indices and was based on the 'closing' price of the indices.
Dow Theory
EMH
Elliot wave Theory
Charts
What are the key principles of technical analysis?
Market sentiment, news analysis, and company financials
Fundamental analysis, qualitative analysis, and quantitative analysis
The key principles of technical analysis include trend analysis, support and resistance levels, and chart patterns.
Economic analysis, political analysis, and social analysis
Explain the concept of support and resistance in technical analysis.
Support and resistance are key concepts in technical analysis used to identify potential price levels where the price may reverse or experience a significant increase in trading activity.
Support and resistance are used to predict the weather in technical analysis
Support and resistance only apply to fundamental analysis
Support and resistance are irrelevant in technical analysis
What are the different types of charts used in technical analysis?
Histograms, flow charts, timeline charts, and Gantt charts
Pie charts, scatter plots, area charts, and radar charts
Pictorial charts, organization charts, process flow charts, and control charts
Line charts, bar charts, candlestick charts, and point and figure charts
How is volume used in technical analysis?
To determine the age of a stock
To predict the weather patterns
To calculate the distance between two data points
To measure the strength of a price movement.
Explain the concept of trend lines in technical analysis.
Trend lines in technical analysis are used to identify and visualize the direction of a security's price movement.
Trend lines are used to determine the best time to buy or sell stocks.
Trend lines are used to calculate the average price of a security over a period of time.
Trend lines are used to predict the weather patterns for a particular region.
How does technical analysis differ from fundamental analysis?
Technical analysis focuses on predicting future stock prices, while fundamental analysis focuses on historical data
Technical analysis relies on news and market sentiment, while fundamental analysis relies on chart patterns
Technical analysis uses financial ratios and earnings reports, while fundamental analysis uses moving averages and support/resistance levels
Technical analysis focuses on historical price and volume data, while fundamental analysis evaluates a company's financial health and performance.
Discuss the limitations of technical analysis.
Limitations of technical analysis include its inability to predict future events, its reliance on historical data, and its susceptibility to market manipulation.
It is not susceptible to market manipulation
It can accurately predict future events
It does not rely on historical data
Explain the importance of risk management in technical analysis.
It is only relevant for short-term trading
It only benefits experienced traders
It helps traders and investors to identify and mitigate potential risks associated with their investment decisions.
It has no impact on investment decisions
He formulated the Dow Theory.
Charles Darwin
Da Vinci
Charles Dow
Alden Richards
This assumption states that "in a certain situations you might notice that everyone might react in a similar way."
Price moves in trend
History tends to repeat itself
The market discounts everything
Prices will always be exactly the same
One assumption of technical analysis is that price move in
Tandem
Course
Trends
Group
Technical Analysis is best viewed using
Graphs
Charts
Pictures
Maps
What is the most important element in a chart?
Volume
Price
Bid
Ask
A continuous primary upward trend
Correction
Bull market
Resistance
Support
The last price traded for the day and used for analysis.
Close
Open
High
Low
What represent the X axis of the chart?
Buy
Time
Sell
Hold
When the closing price is lower than the opening price in a candlestick chart.
Hammer
Stop loss
Bearish
Sell
Charles Dow digelar sebagai "father of modern technical analysis".
✔
✖
What are the 3 Kinds of Trends in the Trend Analysis?
Downward, Upward, No Trend
Downward, Upward, Sideways
Downward, Sideways, Intermittent
Downward, Upward, Wavy
This is the point where the stock price usually starts going down because there is too much supply and not enough demand.
Support Level
Resistance Level
Upward Trend
Sideways Trend
When are you advised to BUY stocks?
When the trading volume of that company is high.
When the trading volume of that company is low.
When the chart shows an downtrend.
When the prices are at resistance level.
If it is red, it means the opening price was lower than the closing price.
TRUE
FALSE
Which is NOT AN ASSUMPTION in Technical Analysis?
The market discounts everything.
Stock Prices are always high in the morning.
Stock Prices move in trends.
History repeats itself.
If the candle is green, it means that the closing price was higher than the opening price.
TRUE
FALSE
This is the point where the stock price usually starts going down because there is too much supply and not enough demand.
Support Level
Resistance Level
Upward Trend
Sideways Trend
What tells you the number of shares that were bought and sold in a particular time frame (usually a day). You can see this shown as a bar graph at the bottom of the stock chart.
Moving Averages
Volume
Opening Price
Closing Price
Which one of the following is a bullish reversal pattern?
a) Shooting Star
Hanging Man
Hammer
Doji
The Shooting Star pattern usually appears:
At the bottom of a downtrend
In the middle of a trend
At the top of an uptrend
Randomly
A Doji candle indicates:
Strong buying pressure
Trend continuation
Market indecision
Bearish signal
Which of the following is a bullish two-candle pattern?
Shooting Star
In a Bearish Engulfing pattern, the second candle:
Is smaller than the first
Closes higher than it opens
Completely covers the first candle
Is a Doji
Which chart connects closing prices over a period with a line?
Candlestick chart
Line chart
Point & Figure chart
Which chart shows Open, High, Low, and Close (OHLC) prices?
Line chart
Bar Chart
Area Chart
Scatter chart
A trader sees a Hammer after a downtrend. What should they consider doing?
Selling more
Staying neutral
Preparing to buy
Shorting the stock
What is the Bullish Piercing Pattern?
A bullish candle that fully engulfs the previous candle
A bullish candle that opens lower but closes above the midpoint of the previous bearish candle
A Doji that appears after a downtrend
Two candles of the same color
Where does the Bullish Piercing pattern usually appear?
At the top of an uptrend
During consolidation
At the bottom of a downtrend
In sideways market
Which statement is true about the Bearish Piercing Pattern?
It is the inverse of the Bullish Piercing pattern
It occurs in a downtrend and signals continuation
The second candle must close below the low of the first candle
It starts with a green candle and ends with a hammer
What confirms a Bearish Piercing Pattern?
Volume drop
Second candle opens above and closes below the midpoint of the previous bullish candle
RSI above 70
Appearance of a Doji
What defines a Bullish Harami candlestick pattern?
A long green candle followed by a longer red candle
A large red candle followed by a small green candle inside the body of the red candle
A single green candle after a downtrend
A pattern where the second candle is a Doji only
After a long downtrend, a trader notices a large red candle followed by a small green candle completely inside the red body. What should they consider?
The trend is continuing downward
It's a Bullish Harami; reversal is possible
Wait for volume breakout
Bearish momentum is strong
When is the Bearish Harami pattern most significant?
In a range-bound market
At the start of a downtrend
At the top of an uptrend
During sideways movement
