Introduction to Technical Analysis for Kids and Teens
This video explains the concept of technical analysis in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about technical analysis, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.
Suitable for students from grade levels:
- Elementary School
- Middle School
- High School
The topics covered are:
- What is technical analysis
- How is it performed or conducted
- Is it only for forecasting stock prices
- Is there any other way to predict a security’s price movement
What is Technical Analysis?
Technical Analysis is a methodology used to predict the future price of securities based on past price movement and trading volume of that security.
This is used to identify new investment opportunities, as well as to evaluate current investments.
The underlying belief behind technical analysis is that price moves in trends, and history repeats itself.
How is technical analysis conducted?
It relies heavily on charts that show the past price and trading volume. Sophisticated tools are used to analyze these charts, and predict the future price.
Technical analysts use trend lines, moving averages, patterns, etc for this analysis – we would cover these terms in detail in a separate video.
Is technical analysis only for stocks?
No. It can be used for any security that has historical trading data, like stocks, fixed-income, currencies and other securities.
Is Technical Analysis the only way to forecast a security’s price?
No. There is also fundamental analysis – but that’s a topic for another time…
Video Featured in the Below Financial Literacy Course for Kids & Teens
Download Transcript: Ideal for Use by Teachers in their Lesson Plan to Teach Kids & Teens
Podcast: What is Technical Analysis
Fun, informative and concise episodes by a 10-year old, breaking down complex financial concepts in a way that kids and beginners can understand. Episodes cover personal finance topics like saving, investing, banking, credit cards, insurance, real estate, mortgage, retirement planning, 401k, stocks, bonds, income tax, and more, and are in the form of a conversation between a cowboy (a finance novice) and his friend, a stock broker. Making finance your friend, only at Easy Peasy Finance.
A little bit about me: I have been fascinated with the world of personal finance since I was 6! I love to read personal finance books, and keep myself updated on the latest by reading various personal finance magazines. My friends often ask me questions about finance because they find it complex and intimidating. That’s what inspired me to start my YouTube channel called Easy Peasy Finance when I was 8, and this podcast 2 years later.
Everything you need to know about technical analysis: What is Technical Analysis, How is technical analysis conducted, Is technical analysis only for stocks, Is Technical Analysis the only way to forecast a security’s price, and more.
Show notes and transcript at: https://www.easypeasyfinance.com/what-is-technical-analysis/