alleryStart learning →Technical analysts believe that prices move in trends. Which is a valid trend direction?
AOnly downward moves
BOnly upward moves
CUp, down or sideways
DOnly seasonal swings
Answer & Solution
Correct answer: C. Up, down or sideways
Technicians say prices trend up, down, sideways or a mix of these.
Keep practising Security Analysis
Browse all Security Analysis questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
Investment strategies such as momentum trading seek to exploitThe Fama-French 3 factor model includes a size factor calledSmall neglected stocks and value stocks earning abnormally high returns are examples ofBehavioral economists attribute market imperfections toWho argued in 1945 that markets are the most effective way of aggregating dispersed informWhich French mathematician's 1900 thesis The Theory of Speculation anticipated market effiThe problem that market efficiency can never be tested without also testing a risk model iIf markets are only weak-form efficient, which method is useless for abnormal profits?