TECHNICALS Meaning and
Definition
-
Technicals is a term commonly used in financial markets, particularly in the context of trading and investing. It refers to the study and analysis of historical price and volume data of a security, such as a stock, commodity, or currency, with the aim of making predictions about its future price movements.
In technical analysis, practitioners called technicians or technical analysts examine charts and graphs that display price and volume data over a specific time frame. They rely on a variety of tools and indicators, such as moving averages, trend lines, support and resistance levels, and oscillators, to identify patterns and trends that might provide insight into future price behavior. By interpreting these patterns, technicians attempt to make informed decisions about buying or selling a particular security.
The underlying principle of technical analysis is based on the premise that past price and volume data can help predict future price movements, as patterns tend to repeat themselves over time. Technicals focus on the study of market forces, supply and demand imbalances, and investor psychology to determine potential price levels and market trends.
However, it is important to note that technical analysis is a subjective approach and does not take into account external factors such as news events, economic data, or fundamental analysis of a company's financial health. It is commonly used alongside other forms of analysis to gain a comprehensive understanding of the markets and guide investment decisions.
Common Misspellings for TECHNICALS
- rechnicals
- fechnicals
- gechnicals
- yechnicals
- 6echnicals
- 5echnicals
- twchnicals
- tschnicals
- tdchnicals
- trchnicals
- t4chnicals
- t3chnicals
- texhnicals
- tevhnicals
- tefhnicals
- tedhnicals
- tecgnicals
- tecbnicals
- tecnnicals
Etymology of TECHNICALS
The term "Technicals" is derived from the Arabic word "تكنيكال" (takniki), which means "technical" or "technical skills". It has been widely adopted by the military and security forces operating in various regions, particularly in Africa and the Middle East. Technicals refer to improvised fighting vehicles or trucks that have been modified with mounted weapons, such as heavy machine guns or rocket-propelled grenades (RPGs). These vehicles are commonly used by irregular or non-state armed groups in conflicts or insurgencies. The term "Technicals" gained popularity in the 1980s during the conflicts in Sudan and Somalia, and it has since become a widely recognized term in military and security contexts.
Infographic
Add the infographic to your website:
