Technical analysis is the study of price action in markets. Identifying trends and the reversal of trends is a key goal of this school of analysis. Practitioners do this by evaluating charts and other statistics derived from historical market prices.

Market technicians believe that price action tends to repeat itself because market participants collectively tend toward patterned behavior – thus the focus on identifiable trends and conditions.

Technical analysis is compliment to the study of supply & demand and other fundamental factors.

The POWERHOUSE team features a Chartered Market Technician to provide our clients with expert guidance on interpreting price charts to improve buy & sell decisions.