- CFA Exams
- CFA Exam: Level I 2021
- Study Session 19. Portfolio Management (2)
- Reading 56. Technical Analysis
- Subject 1. Definition and Scope
CFA Practice Question
Technical analysts rely on ______ to predict future stock prices.
B. past movements in stock prices
C. future earnings forecasts and past movements in stock prices
A. future earnings forecasts
B. past movements in stock prices
C. future earnings forecasts and past movements in stock prices
Correct Answer: B
Technical analysts believe that the only information needed to estimate future prices is past prices.
User Contributed Comments 1
| User | Comment |
|---|---|
| AUAU | ie past data |