What are the pro / cons of technical analysis?

[Supriya Rayabhagi]

Pros: Input (price and volume) is easily available for analysis.                                                                                                                     Less time consuming and ideal for determining the entry and exit point for short term.

Cons: Does not give full picture as what exactly was the cause for price movement.                                                                                               More risk as compared to fundamental analysis.

[Ganesh Ramanan]

Pros – 1. Pricing movements can be monitored 2.Best stocks can be identified 3.Can be useful for intraday traders

Cons – 1.Not useful for long term traders 2.Markets are unpredictable, technical analysis results are not 100% guranteed

[Mohammed Arshath Ali]

Pros:-

1. Analysis can be done in a short time.

2. useful for determining the target and stoploss.

Cons:-

1. Can’t use for determining any long term position.

2.Cannot be used for studying the company in detail.

[Shiva]

Pros – Can be used to short term (intraday analysis) and medium (weekly and monthly) and long term investments, since it follows the market and does not do anything on forecasting.

Cons – Does not indicate why the prices are moving as fundamental analysis do

[Manikandan .p]

cons- enables the users or traders only to follow the market and not to forecast.

pros-easier and convenient method for trading and access sable for every one.

[Author]

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