Exam 9: Technical Analysis

Compared to a line chart and bar chart, a point and figure chart focuses on

A resistance level is an apparent upper level of stock prices through which investors will not invest.

A region of a chart where a great many data points appear is a

An increasing advance-decline line above zero is a bull market indicator.

A point and figure chart will usually have more price entries than a line chart.

Compared to a line chart, a bar chart adds

Technical analysis success depends upon stock market inefficiencies.

Kondratev wave theory states that the business cycle is 35 years long.

Chaos theory studies instances in which apparently random behavior actually shows systematic patterns.

A candlestick chart is a technical indicator.

The "bull"and the "bear"are associated with Dow Theory secondary trends.

A technical analyst believes that high short interest is bearish.

Numbers that occur frequently in nature and include the series 1, 1, 2, 3, 5, 8 are _____ numbers.

Suppose the mutual fund industry is currently holding 15% cash. This is _____ a signal for the future, according to the technical analyst.

Increased margin buying forecasts _____ stock levels and low cash positions of mutual funds might indicate _____ stock price levels.

Chaos theory is an application of Fibonacci numbers.

The smart money indicator is associated with short sales of stock.

Statistics that are alleged to have a relationship with the future direction of the market are known as

Research testing a hypothesis on past data is a

Advocates of the Dow theory believe daily fluctuations in security prices are more important than the secondary trend.