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Market Technician

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market technician

Market Technician
A person who engages in technical analysis, especially professionally. Market technicians use statistics to determine trends in security prices, and make or recommend investment decisions based on those trends. They do not attempt to determine the intrinsic value of securities, but instead focus on matters such as trade volume, demand, and volatility. Market technicians often evaluate short-term trends almost exclusively, which is both a strength and a weakness in their analysis. They are sometimes called chartists because of the importance charts have in technical analysis, and they are also known as technical analysts. See also: Fundamental analysis.


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