Fundamental analysis focus more on past price movements of a firm's stock than on the underlying determinants of its future profitability.

Question

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Put simply,technical analysis involves the examination of historical data on prices and volume to determine future prices on the basis of trends.Technical analysis does not involve the study of economic and company variables to arrive at an estimate of value.Rather,all the information necessary to predict future prices is contained in the sequence of past prices.At the extreme,pure technical analysis involves ignoring all current and past economic news and information.Examples of technical analysis include charting and wave analysis.

Fundamental Analysis Focus More on Past Price Movements of a Firm's