Which of the Following Is not Considered an Assumption of Technical

question 20

Multiple Choice

Which of the following is not considered an assumption of technical analysis?

• A) Market value is determined solely by supply and demand.
• B) Supply and demand are governed by both rational and irrational factors.
• C) Security prices tend to move in trends that persist for an appreciable length of time.
• D) Stock prices follow a random walk.
• E) Changes in trend are caused by the shifts in supply and demand relationships.

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Definitions:

Puberty

The stage of human development during which children become physically and sexually mature.

Adolescence

A developmental stage following puberty during which individuals experience rapid physical, emotional, and social changes leading to adulthood.

Epiphyseal Closure

The process by which the cartilage that separates the long end of a bone from the main part of the bone turns to bone.

Growth Cessation

The process or point at which an organism stops growing in size or stops undergoing growth-related changes.