Question No.
Moving average crossovers can be used to indicate
trend divergence
buy and sell signals.
positive relative strength.
Question No. 2
Technical indicators don?t provide the strength and direction of the underlying price action for a given
timeframe?
TRUE
FALSE
Question No. 3
What does a decline below support level indicate?
There is lack of sellers
buyers are pushing down the price
there is lack of buyers and sellers are willing to sell even at lower prices
none of the above
Question No. 4
Regarding trends, which of the following statements is NOT correct?
Always trade with the trend.
A trendline break is at least a warning of a changing trend.
Breakouts from support/resistance are usually a change in trend.
The longer the trend, the more difficult it is to identify its reversal.
Question No. 5
Strong Weaknesses of Technical Analysis is______
Analyst bias.
TA software�s are Expensive
They not reflect price of the stock.
Technical analysis is not depending on volumes.
Question No. 6
The principles of technical analysis are applicable in:
Asian Market
Indian Market
Spot Market
Universal Market
Question No. 7
Evening Star is _______ candlestick pattern.
Bullish
Bearish
Sideways
None of the above
Question No. 8
A moving average
is a smoothing device.
enables the analyst to predict precise price targets.
enables the analyst to predict precise time and price targets.
Question No. 9
Which of the following candlestick pattern look like star falling from sky with a tail trailing it?
morning star
shooting star
dark cloud cover
none of the above
Question No. 10
Zig-Zag formation can be Flat or irregular.
TRUE
FALSE
Question No. 11
Which of the following prices is common to both line and bar charts
Low
High
Open
Close
Question No. 12
Which of the following statements is correct?
Long-term charts are meant for trading purposes.
Triangles do not appear in long-term charts because of their very short nature.
The proper order to follow in chart analysis is to begin with the long range and gradually work to
the near term in order to gain perspective.
Question No. 13
For a percentage-based EMA, Multiplier is equal to the _______ specified percentage.
RSI?S
MFI?S
EMA?S
DMI?S
Question No. 14
The body of the candlestick line displays the relationship between the current sessions
high price and low price
opening price and high price
opening price and closing price
closing price and the prior session?s closing price
Question No. 15
Line charts are formed by connecting the ____________of each time frame.
Average closing price
Average traded price
Closing price
Open price
Question No. 16
A previous support and resistance levels can be used as _________ prices.
Target
Stop loss
Question No. 17
Which of the following statements about gaps is NOT correct?
The most profitable gaps are opening gaps.
Common gaps are of little or no consequence
Upward breakaway gaps usually occur on heavy volume.
Exhaustion gaps occur at the end of a move and signal a trend reversal
Question No. 18
What is a Bear Market?
Positive Market
Negative Market
None
Question No. 19
The long thin line above body is called_______.
Wicks
Tails
All of the above
Question No. 20
Which indicator is scaled from -100 to 0?
RSI
MFI
Williams %R
Stochastic
Question No. 21
Which of the following is not true about chart?
it plot the price movements of a stock over specific time frames
x-axis represents price and y-axis represents time
it gives pictorial representation of any stock?s trading history
it can give a complete picture of a stock?s price history over a period of an hour, day, week, month
or many years.
Question No. 22
The target for a rectangle can be calculated by
adding the height of the formation to the breakout price.
using the width of the rectangle multiplied by the duration of the move.
using the number of times the resistance/support were touched multiplied by the width of the
formation.
Question No. 23
What are common mistakes made by impatient traders?
Entering the market too soon
Exiting the market too soon
Abandoning well reasoned trading strategies due to adversity
All of the above
Question No. 24
A gap occurs after the _____ of the market on one day and the next days _______.
Open, Close
Close, Open
Question No. 25
In Dow Theory, the length of a secondary trend most likely is
less than three weeks.
more than three months
three weeks to three months.
Question No. 26
Which of the following indicates a sell signal to technical analysts?
The resistance level is broken.
The amount of short selling done by specialists is high
The majority of stock market newsletters are bearish.
All the above
Question No. 27
When MACD is above zero, it means the ___ day moving average is higher than ___ day moving
average.
32,26
26,32
12,26
26,12
Question No. 28
Trends are more likely to persist than reverse in
no markets.
all markets.
bull markets only.
bear markets only.
Question No. 29
Which of the below things does technical analysis includes in the future price movement forecasting?
Price
Volume
Open Interest
All the above
Question No. 30
Secondary Trend is found within _________
Corrective Trend
Minor Trend
Primary Trend
Tertiary Trend
Question No. 31
The Shooting Star is a single line pattern that indicates an end to the_________.
Uptrend
Downtrend
Sideways
None of the above
Question No. 32
Trends never turn on a dime because:
Reversals build slowly
The first sharp dip always finds buyers and the first sharp rise always finds sellers
Both a) and b) above
The first sharp dip always finds more sellers and the first sharp rise always finds more buyers
Question No. 33
The body of the candlestick line displays the relationship between the current sessions
high price and low price.
opening price and high price.
opening price and closing price.
closing price and the prior session�s closing price.
Question No. 34
Which is not a oscillator tool?
RSI
MACD
Stochastic
Money Flow Index
Question No. 35
Technical analysts believe that if a price series penetrates its moving average from above, it is a
bearish signal.
TRUE
False
Question No. 36
Which of the following best reveal psychology of the market at a certain point in time?
Line Chart
Candlestick chart
Bar Chart
None of the above
Question No. 37
Which is not leading indicator?
RSI
Williams %R
CCI
MACD
Question No. 38
Technical Analysis is based on _________.
Time
Past price movements and Volume
Index
Spot
Question No. 39
Which of the following day trading style focus on taking pro?ts on small price changes, generally
immediately after one enters a trade becomes pro?table?
Scalping
Fading
daily pivot
momentum
Question No. 40
The Principle of technical analysis that support can turn into resistance and vice-versa is _________.
TRUE
FALSE
Question No. 41
Symmetrical triangles
are also called coils.
are usually broadening patterns.
represent the acceleration of an existing trend.
Question No. 42
The Evening Star is a ________ reversal pattern that occurs in _________.
Top, up trend
Bottom, down trend
Question No. 43
In Technical Analysis ?What" is more important than "Why? is based
Spot and Future
Demand and Supply
Retailers and whole sellers
None of the above
Question No. 44
Dow Theory has no significance in today�s world as it�s more than 100 year old.
True
False
Question No. 45
In Technical Analysis �What" is more important than "Why� is based ________.
Spot and Future
Demand and Supply
Retailers and whole sellers
None of the above
Question No. 46
RSI is a ____________ indicator.
leading
lagging
supplementary
complementary
Question No. 47
Which of the following indicator should not be used in trending highly trending markets?
RSI
Point and Figure
MACD
Moving average crossovers
Question No. 48
Because of _________ and the __________ that are possible, day trading is preferred by traders?
Financial leverage and high returns
Out of pocket expenses and overtrading
Overtrading and high returns
No risk and high returns
Question No. 49
Strong Weaknesses of Technical Analysis is______
Analyst bias.
TA software?s are Expensive
They do not reflect price of the stock.
Technical analysis is not depending on volume.
Question No. 50
Ideally how many indicators should be used at a time to make the analysis sound and effective?
more than 20
5 or less than 5
50
More than 70
Question No. 51
A break down the support line shows that the_____ have won out over the ___________.
bulls; bears
bears; bulls
Question No. 52
Oscillators are used to alert the analyst to
volume divergences.
continuation patterns
extended rallies and corrections
overbought or oversold conditions.
Question No. 53
Which indicator is lagging indicator?
Bollinger Bands
Money Flow Index
On Balance Volume
Moving Average
Question No. 54
The Runaway gaps occur only in the uptrend?
True
FALSE
Question No. 55
The principles of technical analysis are applicable in:
Asian Market
Indian Market
Spot Market
Universal Market
Question No. 56
Which of the following is NOT characteristic of on-balance volume (OBV)?
It is an oscillator.
It is plotted on a bar chart.
The volume for the day is added in when the price rises and is subtracted when the price falls.
� It is interpreted by comparing it to the price using divergences, trendline breaks and price
patterns to point out underlying strength or weakness.
Question No. 57
Technical Analysis examination is based on _________.
Time
Past price movements
Index
Spot
Question No. 58
Which of the following is NOT characteristic of on-balance volume (OBV)?
It is an oscillator.
It is plotted on a bar chart.
The volume for the day is added in when the price rises and is subtracted when the price falls.
It is interpreted by comparing it to the price using divergences, trendline breaks and price patterns
to point out underlying strength or weakness.
Question No. 59
Because of _________ and the __________ that are possible, day trading is preferred by traders?
Financial leverage and high returns
Out of pocket expenses and overtrading
Overtrading and high returns
No risk and high returns
Question No. 60
Support and resistance line is called______
Bottom line and top line
Mid line and max line of the stock
Avg traded value max and min
52 week high price and low price�
