Technical analysis refers to only looking at the price history of a stock. You are referring to fundamental analysis. https://en.m.wikipedia.org/wiki/Technical

Technical analysis refers to only looking at the price history of a stock. You are referring to fundamental analysis. https://en.m.wikipedia.org/wiki/Technical_analysis https://en.m.wikipedia.org/wiki/Technical_analysis Fundamental analysis still requires you have an edge over other investors. Passive does not.