Technical analysis is a special branch of study for identifying the price & volume trend of tradeable securities. Technical analysis is extremely based on a statistical assessment which enables investors to have a picture of current and future price trends of stocks. Unlike fundamental analysis which is usually based on economic & business insights and results, technical analysis focuses on the analysis of price & volume. Technical analysis tools are used to find the ways supply and demand for securities will affect changes in price, volume, and implied volatility. Day traders and speculators widely deploy technical routine chart analysis for generating short-term trading signals e.g. buy/sell/hold. The world’s leading financial centers and stock exchanges facilitate the technical analysis tools for the traders. Technical analysis was originated by Charles Dow and the Dow Theory in the late 1800s. Thereupon many famous researchers like William P. Hamilton, Robert Rhea, Edson Gould, and John Magee further contributed to Dow Theory concepts. Today technical analysis has introduced hundreds of patterns and signals developed through many years of research. Among professional analysts, the Chartered Market Technician (CMT) Association supports the largest collection of professional technical analysts around the world.