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> Technical analysis is predicting stock prices strictly from the previous price history. Is this true? For example, is using AI models that take into price h
by kenjackson 3y ago
> Technical analysis is predicting stock prices strictly from the previous price history.
Is this true? For example, is using AI models that take into price history, current and historical events, insider and/or institutional trading, analyst opinions -- would that not be considered technical analysis? I know this is just a matter of semantics, but curious as to what is considered TA nowadays.
- AnotherGoodName 3y agoNot really. When you add that much information that gets into 'analysis' rather than 'technical analysis'. A bit like medicine vs traditional medicine. Technical analysis is specifically the stupid line drawings you see on stock charts that try to predict trend lines from the motion of the previous lines
- kenjackson 3y agoThat's helpful. OK, I'm in the "it's closer to astrology" camp then.