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

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 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?

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

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�