 Fundamentals of Investment Management, 7/e Geoffrey A. Hirt,
DePaul University Stanley B. Block,
Texas Christian University
A Basic View of Technical Analysis and Market Efficiency
Chapter Objectives
- Understand the difference between fundamental and technical analysis.
- Appreciate how technical analysis is related to patterns of stock price movement.
- Explain the types of charting that are used in technical analysis.
- Describe the use of key indicator series in attempting to track the direction of the market.
- Explain the efficient market hypothesis and the various forms it can take.
- Relate the efficient market hypothesis to fundamental and technical analysis.
|
|