Technical descriptors

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Technical descriptors

Variables that are used to describe the market in terms of patterns in historical data.

Technical Descriptors

Statistics used to determine trends in security prices, and make or recommend investment decisions based on those trends. In general, technical descriptors are available in chart patterns. Technical descriptors do not show the intrinsic value of securities, but instead focus on matters such as trade volume, demand, and volatility. Technical descriptors are useful for short-term trends almost exclusively, which is both a strength and a weakness in their analysis. See also: Technical Analysis.
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For want of a better technical descriptor, this is the world's first intelligent hybrid.
One of the next steps will be to determine how the current technical divisions relate to the new technical descriptors.
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