Technical forecasting

(redirected from Technical Forecast)

Technical forecasting

A forecasting method that uses historical prices and trends.

Technical Forecasting

The practice of using statistics to determine future trends in security prices and make or recommend investment decisions based on those expected trends. Technical forecasting does not attempt to determine the intrinsic value of securities, but instead focuses on matters such as trade volume, demand, and volatility. Technical forecasters evaluate short-term trends almost exclusively, which is both a strength and a weakness in their analysis. See also: Fundamental Analysis.
Mentioned in ?
References in periodicals archive ?
This report presents a market and technical forecast for ITO and replacements for LCD panels, plasma display panels (PDP), touch panels, e-paper, solar cells and organic electroluminescent (EL) panels.
We find that excluding the first trading day following initiation of a technical buy or sell signal (which should provide a complete correction for the effects of nonsynchronous trading for the heavily traded Dow securities) reduces but does not eliminate the evidence of technical forecast power.
Interestingly, the technical forecast, which we constructed using a simple time-series model, also performs well.
US Dollar / Canadian Dollar Monthly Technical Forecast Although the market has undergone some steep setbacks since the onset of 2009, we contend that the longer-term structure from here is quite bullish, with the current consolidation in the 1.
Australian Dollar / US Dollar Monthly Technical Forecast No sign of a let up just yet, with the market still very much trading within a bullish trend.
New Zealand Dollar / US Dollar Monthly Technical Forecast The commentary here is the same as with the Aud/Usd-.
US Dollar / Japanese Yen Monthly Technical Forecast Remains locked in a very well defined downtrend from 2007 with the market putting in a series of lower highs and lower lows.
British Pound / US Dollar Monthly Technical Forecast Difficult to determine whether we are in the process of attempting to carve a major lower top in the 1.
Swiss Franc / US Dollar Monthly Technical Forecast Has extended declines in 2009 to fresh lows by 1.
US Dollar / Japanese Yen Monthly Technical Forecast Near term structure lacks clarity but the long term bearish outlook remains intact.
British Pound / US Dollar Monthly Technical Forecast The GBPUSD rally from the January low has carried price to the 50% retracement of the decline from 2.
Swiss Franc / US Dollar Monthly Technical Forecast As the inverse of the EURUSD, the USDCHF may have found a bottom.

Full browser ?