Technical Research looks at past stock performance in form of price charts, volumes, and pattern formation amongst a host of other factors to forecast future stock performance. Technical Analysis believes that ‘history repeats itself’. So if a particular pattern has yielded a particular price movement, it is expected that when the same pattern gets formed in the future, there will be a similar price movement. So Technical Analysts monitor price charts to identify patterns and then based on the same, forecast future performance of the stock to give a technical call. Technical Analysis is generally not concerned with the company behind the stock. Technical calls are generally for a shorter term when compared to fundamental calls.
