Question

Technical analysis of a company's stock focuses on which of the following?

Answer 1

Answer:

B. Overall trends in the market such as bull and bear markets

Explanation:

The technical analysis has to do the way in which prices are foretasted through the use of data from the previous market with the price and the volume it was.

The technical analysis delves more on the trends that have existed on previous bulls and bears in the market to use in putting up a well-taught out analysis of the current company's stocks.

We must understand that the bull and bear are opposite to each other when being used in the capital market. A Bull is a market that is favorable and brings about a price hike whereas a bear will decrease the price of stocks.