Certified Technical Analyst VS-1009

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Certified Technical Analyst VS-1009 Certified Technical Analyst VS-1009 Certified Technical Analyst CCCertifiedCertified Technical Analyst Certification Code VS-1009 Vskills certification is a program for candidates seeking a career in technical analysis. The study focuses on understanding the market actions and analyzing the changes that occur over a period of time. The certification intends to build skills required to assess the overall situation concerning stocks by analyzing technical indicators, such as breadth of market data, market sentiment, momentum, and other indicators and thereby perform security analysis used for forecasting the direction of prices. Why should one take this certification? The Course is intended for professionals and graduates wanting to excel in their chosen areas. It is also well suited for those who are already working and would like to take certification for further career progression. Earning Vskills Technical Analyst Certification can help candidate differentiate in today's competitive job market, broaden their employment opportunities by displaying their advanced skills, and result in higher earning potential. Who will benefit from taking this certification? Job seekers looking to find employment in the field of financial services, banking, investment, insurance or stock broking can benefit from this certification program. Students generally wanting to improve their skill set and make their CV stronger and existing employees looking for a better role can prove their employers the value of their skills through this certification Test Details V Duration: 60 minutes V No. of questions: 50 V Maximum marks: 50, Passing marks: 25 (50%) There is no negative marking in this module. Fee Structure Rs. 3,560/- (Rupees Three Thousand Five Hundred Sixty Only) + Service Tax as applicable www.vskills.in Certified Technical Analyst Table of Contents 1. Market BBBaBaaasicssicssicssics 1.1 Stock Market Terminology 1.2 Price Movements 1.3 Share Price Chart 2. Trendlines 2.1 Meaning of Trend Lines 3. Dow Theory 3.1 First Tenet 3.2 Second Tenet 3.3 Third Tenet 3.4 Fourth Tenet 3.5 Fifth Tenet 3.6 Sixth Tenet 4. Volume 4.1 Importance of Volume 4.2 Volume and Chart Patterns 4.3 Price Trends and Volume 5. Price Charts 5.1 Types of Charts 5.2 Other Price Charts 5.3 Support 5.4 Resistance 6. Candlestick Chart Patterns 6.1 History 6.2 Formation 6.3 Basic Chart Patterns 7. The EllioElliotttt Wave Principle 7.1 Wave Degrees 7.2 Basic Sequence 7.3 Fractal Nature www.vskills.in Certified Technical Analyst 8. Technical Indicators 8.1 Simple Moving Average (SMA) Model 8.2 The Exponential Moving Average (EMA) Model 8.3 Moving Average Convergence Divergence (MACD) 8.4 Oscillators 8.5 Bollinger bands 8.6 Average Directional Index (ADX) 8.7 Parabolic SAR 9. Fibonacci Study 9.1 Overview 9.2 Arcs 9.3 Fans 9.4 Retracements 9.5 Time Zones 10. Trading Psychology 10.1 Over Confidence 10.2 Anchoring 10.3 Confirmation 10.4 Loss Aversion 11. CChartingharting Softwares 11.1 Common Features 12. Trading Rules with Technical Analysis 12.1 Map the Trends 12.2 Spot the Trend and Go With It 12.3 Find the Low and High of It 12.5 Draw the Line 12.6 Follow that Average 12.7 Learn the Turns 12.8 Know the Warning Signs 12.9 Trend or Not a Trend 12.10 Know the Confirming Signs www.vskills.in Certified Technical Analyst Course Outline 1. Market BBBasicsBasics V Discusses the important terminologies used in the stock market such as meaning of bull, bear, closing price, circuit breaker, intraday trading, stop-loss etc. V Illustrates the various reasons that might cause movement in price such as falling share price, changing market conditions, etc. V Explains the functioning of share price chart and illustrates various situations such as gaps, dead cat bounce etc. 2. TreTrendlinesndlines V Explains the basics of trendlines such as the procedure of drawing a trendline, meaning of intersecting trendlines, drawing trendlines on long-term charts etc V Describes the different types of trendlines with examples – Upward and Downward trendlines 3. Dow Theory V Describes the various types of trends in the first tenet of Dow Theory such as up- trends, down-trends and corrections. V Illustrates the three phases in the second tenet of Dow Theory such as accumulation phase, public participation phase and excess phase. V Describes the functioning of the price of an asset in the third tenet of Dow Theory and how the markets discounts all news V Explains the concepts of stock market averages used in the fourth tenet of Dow Theory V Explains the role of volume in identification of price trend in the fifth tenet of Dow Theory V The sixth and the final tenet of Dow Theory states that the trends exist until definitive signals prove that they have ended. 4. Volume V Explains the meaning and importance of volume in technical analysis in terms of trend confirmation and chart patterns V Explains the relation of volume and chart patterns and the implication when volume precedes price and the concept of breakouts V Explains the relation between price trends and volume, analysis of trend volume and the meaning of volume spikes 5. Price Charts V Explains the purpose of price charts and the usage of time frames by traders as per their trading style V Describes the various types of charts such as line chart, bar chart and candlestick charts. www.vskills.in Certified Technical Analyst V Describes the other price charts being used in the process of analysis such as Kagi charts, Heiken Ashi candles and Renko charts. V Explains the concept of “support”, its treatment and implications. V Explains the concept of resistance, its functioning and the charts showing support and trend in a range market and trending market 6. Candlestick Chart Patterns V Explains the history and evolution of candlestick charts V Explains the concepts of candlestick formation such as long versus short bodies, Morubozu, long versus short shadows, spinning tops, doji, hammer, inverted hammer, hanging man. V Explains the basic chart patterns to identify support and resistance such as double tops and bottoms, head and shoulder patterns, bullish and bearish engulfing, morning, evening and shooting stars, falling and rising wedge, flags and pennants etc. 7. The Elliott Wave Principle V Explains the discovery of Elliot Wave principle and the various price patterns emerging in the overall path of market development. V Explains the notations and implications of different degrees of wave V Explains the basic sequence of the impulse and corrective wave and their respective movements V Explains the fractal nature of Elliot wave, the three rules applied to 5-wave impulse sequence and the important guidelines pertaining to Elliot wave 8. Technical Indicators V Explains the importance and usage of technical indicators V Describes the categories of technical indicators – leading and Lagging indicators V Illustrates the Simple Moving Average (SMA) Model with example and charts V Illustrate the Exponential Moving Average (EMA) Model, its numerical and graphical representation V Comparative analysis between SMA and EMA V Explains the concept of Moving Average Convergence Divergence (MACD), its graphical representation and various types of MACD lines V Explain the leading technical indicator – ‘Oscillators’, relative strength index and stochastic oscillators V Explains the practice of Bollinger bands and ways in which it is used V Explains the Average Directional Index (ADX) V Explains the concept of Parabolic SAR 9. Fibonacci Study V Discusses the evolution of Fabonacci and the associated studies V Explains the meaning and interpretation of Fabonacci Arcs V Explains the meaning and interpretation of Fabonacci Fan Lines V Explains the concept of Fabonacci Retracements V Explains the interpretation of Fibonacci Time Zones www.vskills.in Certified Technical Analyst 10. Trading Psychology V Explains the various psychological biases that may affects while trading such as over confidence, anchoring, confirmation, loss aversion 11. Charting Softwares V Explains the common features of charting softwares such as charting, back testing, optimization, scanner, alters, data feeds, custom indicators, platforms etc 12. Trading Rules with Technical Analysis V Explains the important rules that should be used in technical analysis such as – Map the trends, Spot the trend, find the low and high of it, draw the line, follow that average, learn the turns, know the warning signs, trend or not a trend and know the confirming signs www.vskills.in Certified Technical Analyst Sample Questions 1. One of the most popular tools used by technical analysts is ___________. A. P/E ratio B. book-to-market-value ratio C. moving averages D. growth rate of dividends 2. A bar chart is used to illustrate ___________. A. high, low and closing stock prices on a daily basis B. reversal in the direction of stock prices without consideration of time C. high, low, opening and closing prices on a daily basis D. advances and declines of stock prices 3. According to the Dow Theory, daily fluctuations and secondary movements in the stock market are used to identify the ___________. A. intermediate trend B. seasonal pattern C. short-term trend D. primary trend 4. Which of the following indicates a sell signal to technical analysts? A. The advance-decline line is rising in a falling market. B. The amount of short selling done by specialists is high. C. The resistance level is broken. D. The majority of stock market newsletters are bearish. 5. Which of the following indicates a buy signal to technical analysts? A. Both the Dow Jones Industrial Average and the Dow Jones Transportation Average are moving down. B. Odd-lot buying exceeds odd-lot selling. C. The advance-decline line is falling in a rising market.
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