How is Technical analysis performed?
Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, past prices and volume. Technical analysts do not attempt to measure a security’s intrinsic value; instead they look at stock charts for patterns and indicators that will determine a stock’s future performance.MesaTech software, analyses a number of technical indicators ( MACD,RSI, etc..) and runs algorithms to identify stocks in growth and declining cycles. Underneath each graph MesaTech has its present technical analysis grade of each chart: Vbullish, bullish, neutral, bearish, Vbearish.
