I) Classification of Technical Analysis Methods
Statistical, mathematical calculations, and chart drawing methods based on historical price and volume data are the main tools of technical analysis. In this sense, there can be various types of technical analysis methods. Regardless of how a technical analysis method is developed, what people are most concerned about is its practicality, because our goal is to use it to predict future price trends and thus assist in investment decision-making. Therefore, this chapter introduces only some of the more commonly used and practical technical analysis methods.