What is Technical Analysis (TA)?

Technical analysis (TA) is a charting evaluation method employed by traders and investors by analyzing specific patterns on charts such as price and trading volume. There are hundreds of technical indicators that may be utilized in TA. Some of the most popular indicators include relative strength index (RSI), moving average convergence divergence (MACD), and Bollinger Bands. Technical analysts attempt to extrapolate future price movements from various historical data.