Technical analysis is a trading discipline employed to guage investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, like price movement and volume.
Support and resistance tools help you to identify the potential support and resistance levels. They can also tell you about future targets and stop-loss of the stocks.
Technical analysts utilize indicators to forecast future price changes by evaluating historical data. On the other hand, oscillators are chart indicators that help traders determine if a market is overbought or oversold in non-trending markets.
Technical analysis is a trading discipline that evaluates investments and identifies trading opportunities by using statistical trends derived from trading activity, such as price movement and volume.