Question: Technical Analysis & EMH (a) Select any one of the 30 companies that comprise the Dow Jones Industrial Average. Suppose that you wish to use

Technical Analysis & EMH

(a) Select any one of the 30 companies that comprise the Dow Jones Industrial Average.

Suppose that you wish to use technical analysis to analyse the stock price over the past month and 1-year horizons.

  • Explain briefly any two (2) differences between how investors apply technical analysis compared to fundamental analysis.
  • Using your chosen company, select any three (3) indicators

Explain the underlying logic behind each indicator.

Using any standard website, download the relevant technical charts for both the past month and also 1-year period.

Critically evaluate how you would interpret each technical indicator in terms of its ability to add value to investors or send clear trading signals in each of the relevant time periods.

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