Technical analysis differs from fundamental analysis in that:

Select one:

a. technical analysts argue that the market constantly weighs rational and irrational factors and that both of these affect price.

b. technical analysts believe the market value of common stocks is determined by the interaction of supply and demand.

c. technical analysts hold that the price of a security is determined by the extra return above the risk-free return required to compensate investors for the extra risk of the security.

d. technical analysts argue that in-depth assessments of basic overall market, industry, and company performance is necessary; past price movements indicate future price movements. e. technical analysts depend far more heavily on objective, data-based approaches than the fundamentalists do.