Technical Analysis

Technical Analysis deals with the trade information. It study historical price volume data to forecast the future.

Technical analysis gets the price-volume information as input, process it and produces meaningful statistics and charts. Traders and investors then interpret those in a predefined manner to get bus/sell signals.

Technical Analysis (TA) doesn't care about the company performance. It only reads the trade performance of the company in the exchanges.

For example Company A trades only around 10million shares a day. But suddenly the chart shown the trade volume has increased significantly. A technical analyst will take it positively even the company may not disclosed any price sensitive information.