What are the objectives of technical analysis?

The primary objectives of technical analysis are to evaluate and forecast the future price movements of securities by analyzing historical price data and trading volumes. It aims to identify patterns, trends, and potential reversal points in the market to inform trading decisions. By using various indicators and charting techniques, technical analysis seeks to capitalize on market inefficiencies and optimize entry and exit points for traders. Ultimately, it helps investors make informed decisions based on market behavior rather than underlying fundamentals.