![Technical analysis](https://wallstory.io/uploads/terms/74d710f19ee3e98f5fbd100d0a786138.png)
Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts believe that market trends, as shown on charts, can predict future activity because they tend to repeat themselves due to investor behavior and market psychology. Technical analysts use various techniques, including trend lines, support and resistance levels, and candlestick patterns, to make predictions about future price movements.