INVESTMENTS-CONNECT PLUS ACCESS
INVESTMENTS-CONNECT PLUS ACCESS
11th Edition
ISBN: 2810022611546
Author: Bodie
Publisher: MCG
Question
Book Icon
Chapter 12, Problem 11PS
Summary Introduction

To determine:

Meaning of data mining and why technical analyst should refrain from engaging into it.

Introduction:

A technician or technical analyst in finance refers to the researcher that works over securities to conduct an investment analysis on the basis of past technical indicators and market prices. The technical analyst believes that the movement in price in the short term is all due to the forces of demand and supply in the market for a particular security.

Blurred answer
Students have asked these similar questions
What is meant by data mining, and why must technical analysts be careful not to engage in it?
What is database conversion? Why is it risky activity, and what precautions should be taken?
How to prevent and detect fraud, and make it less likely to occur in organization?
Knowledge Booster
Background pattern image
Similar questions
Recommended textbooks for you
Text book image
Business/Professional Ethics Directors/Executives...
Accounting
ISBN:9781337485913
Author:BROOKS
Publisher:Cengage
Text book image
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:9781337514835
Author:MOYER
Publisher:CENGAGE LEARNING - CONSIGNMENT
Text book image
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Text book image
Cornerstones of Financial Accounting
Accounting
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Cengage Learning