Technical descriptors

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.
References in periodicals archive ?
With the exception of the language of humanism, the counseling profession has historically been dominated by complex, technical descriptors.
Folksy and relational, the humanistic lexicon is a striking departure from the technical descriptors of psychoanalysis and behaviorism.
DSM-III; American Psychiatric Association [APA], 1980; Mayes & Horwitz, 2005) and the rise of biological psychiatry (Murray, 2009; Shorter, 1997), the language of helping again became flooded with technical descriptors.
Although these dominant technical lexicons have virtually no utility for depicting the relational factors of counseling, technical descriptors must have some type of utility; otherwise, they would not have dominated the history of the helping professions.
Again, however, the former, technical way of describing counseling has dominated mental health culture for over a century, a trend indicating that technical descriptors must have some utility (otherwise, they would not have become dominant).
I maintain that the utility of these technical descriptors is in their ability to increase the power, prestige, and financial status of the helping professions.
One of the next steps will be to determine how the current technical divisions relate to the new technical descriptors.
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