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| Section | Objectives |
|---|---|
| Topic 1: Advanced Technical Analysis Concepts | - Cycle and Wave Analysis
|
| Topic 2: Chart and Pattern Analysis | - Candlestick and Price Action Analysis
|
| Topic 3: Market Analysis Foundations | - Market Structure and Behavior
|
| Topic 4: Technical Indicators and Systems | - Trend and Momentum Indicators
|
Question 1
If 300 shares traded at a certain price which of the following conclusions cant be drawn from this given situation?
A. Traders would record four bars at that price
B. Traders could determine the price at which supply and demand were equalized
C. Traders could determine the support
D. Traders could determine the resistance zones
Question 2
Beta measures:
A. how much an individual stock's return is related to the market return.
B. how much an individual stock's volatility is related to the market volatility.
C. the relation between a portfolio's volatility and market volatility.
D. the relation between a portfolio's return and market return.
Question 3
Which of the following describes the McClellan Oscillator?
A. It is the sum of two exponential moving averages
B. It is a breadth momentum oscillator
C. On days when prices close higher, it is assumed that all volume is represented by sellers
D. It is used for longer-range trading compared to the McClellan Summation Index which is more useful for short term trading
Question 4
If we increase the sample size what effect does it have on the approximation/outcome of the statistical tests?
A. The approximation will not improve
B. The approximation will improve
C. The approximation will decrease
D. It has no effect on the approximation
Question 5
Based on the chart below, interpret the on balance volume (OBV) indicator with respect to price action:
A. Prices are higher but OBV is sideways which can't be interpreted.
B. Negative divergence between price and indicator suggest distribution is taking place at top.
C. Prices are consolidating but OBV direction has turned higher which indicates accumulation by long term traders.
D. Positive divergence between price and indicator suggest uptrend is weak and near reversal.
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: B |
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