Welcome to your Technical Analysis Module
1. Support and resistance levels are used in technical analysis to:
2. What is the purpose of the Relative Strength Index (RSI) indicator?
3. The Ichimoku Cloud indicator is primarily used to:
4. Which of the following chart patterns is formed by two converging trendlines and indicates a potential trend reversal?
5. The "symmetrical triangle" pattern is a:
6. The Fibonacci retracement levels are based on the mathematical sequence discovered by:
7. What is the purpose of the Moving Average Convergence Divergence (MACD) indicator?
8. The Ichimoku Cloud indicator consists of five lines and is used to:
9. Which of the following chart patterns is formed by parallel trendlines and indicates a potential trend continuation?
10. Which of the following indicators is used to measure the speed and magnitude of price movements?
11. The Elliott Wave theory is based on the idea that market price movements follow repetitive patterns known as:
12. Which of the following is a lagging indicator commonly used in technical analysis?
13. Which of the following is an example of a continuation pattern?
14. The "piercing pattern" is a:
15. The "ascending triangle" pattern is a:
16. The "shooting star" candlestick pattern is a:
17. Moving averages are used in technical analysis to:
18. The "double top" pattern is a:
19. The "dead cross" in technical analysis occurs when:
20. The "inverse head and shoulders" pattern is a:
21. The "rising wedge" pattern is a:
22. What does the term "divergence" refer to in technical analysis?
23. The "wedge" pattern is a:
24. Which of the following is an example of a leading indicator used in technical analysis?
25. The "descending triangle" pattern is a:
26. Which of the following indicators is used to measure the momentum of a trend and determine overbought or oversold conditions?
27. What is the purpose of the Parabolic SAR (Stop and Reverse) indicator?
28. The "double bottom" pattern is a:
29. Which of the following indicators is used to measure the strength of a trend and identify potential trend reversals?
30. The Average True Range (ATR) indicator is used to:
31. Which of the following is a leading indicator used in technical analysis?
32. What does the term "breakout" mean in technical analysis?
33. Which of the following indicators is used to identify overbought or oversold conditions in the market?
34. The "falling wedge" pattern is a:
35. The "golden cross" in technical analysis occurs when:
36. Technical analysis is primarily concerned with:
37. Which of the following is an example of a lagging indicator used in technical analysis?
38. Which of the following indicators is used to identify potential support and resistance levels based on past price data?
39. The "rounding bottom" pattern is a:
40. The "dead cat bounce" is a term used in technical analysis to describe:
41. The Elliott Wave theory suggests that the market moves in a series of five waves in the direction of the main trend, followed by a series of three waves in the opposite direction. These waves are collectively known as:
42. The "head and shoulders" pattern is a:
43. The "pennant" pattern is a:
44. Which of the following indicators is used to measure the momentum of a trend?
45. The "cup and handle" pattern is a:
46. What is the purpose of the Bollinger Bands indicator?
47. The Elliott Wave theory is comprised of how many main waves and corrective waves, respectively?
48. The "flag" pattern is a:
49. Which type of moving average gives more weight to recent price data?
50. Which of the following chart types is commonly used in technical analysis?