Which of the Following Is NOT Considered an Assumption of Technical

question 135

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.

---

Definitions:

High School Drop-outs

Individuals who have not completed their high school education and have not obtained a high school diploma.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

Unemployment

The state of being without a paid job despite the willingness to work.

Discipline

A field of study or a branch of knowledge, often involves training to improve strength or self-control.