Which one of the following focuses more on past price movements of a firm's stock than on the underlying determinants of its future profitability?
A) Credit analysts
B) Fundamental analysts
C) Systems analysts
D) Technical analysts

Question

Quizplus · Accepted Answer

Technical analysts use past price movements to identify trends and forecast future price movements, whereas fundamental analysts focus on the underlying determinants of a company's future profitability, such as financial statements and industry trends. Credit analysts analyze a company's ability to pay back debt, and systems analysts design and optimize computer systems.

Which One of the Following Focuses More on Past Price