What is technical analysis?

Technical analysis focuses on market action and directional price trends.

Technical analysis is one approach to analyzing stocks, commodities, and currencies. When considering which markets or securities to buy or sell, investors should use the approach that you’re most comfortable with. As with all investments, you must make your own determination as to whether an investment in any particular security or securities is right for you based on your investment objectives, risk tolerance, and financial situation. Past performance is no guarantee of future results.