Technical analysis assume that market prices of securities are determined by the
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it is determind by the chair person or officer in charge of the company
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Technical analysis assume that market prices of securities are determined by matching the number of shares the customer are willing to buy.
Explanation:
Each order is the share that helps in deciding and determining the price of securities. Technical analysis is something that focuses only on the study of price charts and trading history to find out the future price movements.
Without considering any information related to the firm’s fundamentals, technical analysis helps to figure out a possible direction in the future price movements assuming these factors:
- Supply and demand find out the price of any security,
- Price movements are influenced by personal perceptions ,
- Prices of securities move in a pattern of trends .
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