1.The advantages of using technical analysis include:

A)   complete objectivity.

B)   adjustments for accounting changes.

C)   ease in interpreting reasons behind stock price trends.

D)   the incorporation of psychological reasons behind price changes.

2.Which of the following is NOT an advantage of technical analysis?

A)   It does not depend on the analysis of market trading data, such as security prices and trading volume.

B)   It is relatively easy to implement.

C)   It tells the analyst when to buy, but not necessarily why investors are buying.

D)   It does not depend on the analysis of financial accounting information such as return on equity and earnings per share.

3.One advantage of technical analysis is that it incorporates:

A)   only psychological reasons for stock price changes.

B)   both psychological and economic reasons for stock price changes.

C)   only economic reasons for stock price changes.

D)   neither psychological nor economic reasons for stock price changes.

4.The fact that it is not heavily dependent on the analysis of accounting information is an advantage of:

A)   fundamental analysis.

B)   efficient market analysis.

C)   technical analysis.

D)   indicator analysis.

5.Which of the following is NOT a perceived advantage of technical analysis?

A)   Technicians do not rely on getting information first.

B)   Technical investors are only invested once price movement has begun.

C)   Technical investors don't depend on accounting information, which can be manipulated.

D)   Technical trading techniques are difficult to mimic.

6.One advantage of technical analysis is that it tells the analyst:

A)   Why investors are buying.

B)   When to buy and why investors are buying.

C)   When to buy; not why investors are buying.

D)   Only the economic reasons behind price changes.

答案和详解如下：

1.The advantages of using technical analysis include:

A)   complete objectivity.

B)   adjustments for accounting changes.

C)   ease in interpreting reasons behind stock price trends.

D)   the incorporation of psychological reasons behind price changes.

The correct answer was D)

Technical analysis avoids having to use fundamental data and adjusting for accounting problems, incorporates psychological as well as economic reasons behind price changes, and tells WHEN to buy; not WHY investors are buying. Drawbacks include subjective interpretation of charts and graphs.

2.Which of the following is NOT an advantage of technical analysis?

A)   It does not depend on the analysis of market trading data, such as security prices and trading volume.

B)   It is relatively easy to implement.

C)   It tells the analyst when to buy, but not necessarily why investors are buying.

D)   It does not depend on the analysis of financial accounting information such as return on equity and earnings per share.

The correct answer was A)

Technical analysis depends almost entirely on the analysis of data derived from stock market trading activity, including security prices and trading volume. It does not depend on accounting information.

3.One advantage of technical analysis is that it incorporates:

A)   only psychological reasons for stock price changes.

B)   both psychological and economic reasons for stock price changes.

C)   only economic reasons for stock price changes.

D)   neither psychological nor economic reasons for stock price changes.

The correct answer was B)

One advantage of technical analysis is that it incorporates both psychological and economic reasons for stock price changes.

4.The fact that it is not heavily dependent on the analysis of accounting information is an advantage of:

A)   fundamental analysis.

B)   efficient market analysis.

C)   technical analysis.

D)   indicator analysis.

The correct answer was C)

One advantage of technical analysis is that it does not involve messing with financial accounting information and adjusting for management choice of accounting methods.

5.Which of the following is NOT a perceived advantage of technical analysis?

A)   Technicians do not rely on getting information first.

B)   Technical investors are only invested once price movement has begun.

C)   Technical investors don't depend on accounting information, which can be manipulated.

D)   Technical trading techniques are difficult to mimic.

The correct answer was D)

A perceived advantage of technical analysis is that it's quick and easy.

6.One advantage of technical analysis is that it tells the analyst:

A)   Why investors are buying.

B)   When to buy and why investors are buying.

C)   When to buy; not why investors are buying.

D)   Only the economic reasons behind price changes.

The correct answer was C)

The four advantages of technical analysis are: it's quick and easy; it does not involve adjusting for accounting problems; it incorporates psychological as well as economic reasons behind price changes; and it tells when to buy, not why investors are buying.