Technical Analysis (FIN305)
Vietnamese title: Phân tích kỹ thuật
Credits: 3
Prerequisites: FIN202

Description:
This course aims to introduce students to understand the basic of technical analysis and how to apply it to investment.
After the class, students have ability to use technical analysis to evaluate and predict the future price movement of financial assets, such as stocks, currencies, commodities, by analyzing historical price chart and trading volumes instead of focusing on the intrinsic value of an asset.
The course includes the following main topics: Charts and Parttens, Indicators, Candlestick Analysis, Market trends, Risk management.

Learning outcomes:
Analyze the foundations of technical analysis
Understand the main principles of technical analysis
Understand the principles of chart analysis with proficient skills in identifying chart patterns, market trends, support and resistance levels
Proficient in drawing and interpreting stock market focasting trendlines with Fibonacci sequences, Dow Theory and other theories
Proficient in using moving averages, RSI, MACD, and other key technical indicators in analyzing price movements and trading signals
Formulate trading strategies and evaluate the risks and rewards based on technical analysis
Make appropriate decisions by considering technical analysis, fundamental analysis, and other forms of market analysis

Student tasks:
- Students must attend at least 80% of contact slots in order to be accepted to the final examination.
- Student is responsible to do all exercises, assignments and labs given by the instructor in class or at home and submit on time
- Use laptop in class only for learning purposes
- Promptly access to http://flm.fpt.edu.vn for up-to-date course information

Tools:
- Internet
- Laptop

Materials:
description: The handbook of technical analysis: The Practitioner's comprehensive guide to technical analysis
author: Mark Andrew Lim
publisher: John Wiley & Sons, Inc
published_date: 2015
edition: 1st Edition
isbn: 9781118498934
note: Wiley Vital Source
description: The Economist, Financial Times, Global Finance, etc
note: Suggested link:(1) The Economist: https://www.economist.com(2) Financial Times: https://www.ft.com/(3) Global Finance: https://www.gfmag.com/

Assessments:
category: Class Participation
type: on-going
weight: 10.0
duration: All sessions
question_type: All CLOs
no_question: Discussion questions and Constructive questions
knowledge_and_skill: Depending on the time and schedule of each session.
grading_guide: All chapters and learning materials covered in each session.
note: Classroom
category: Individual assigment
type: on-going
weight: 15.0
duration: Session 57
question_type: All CLOs
no_question: - Quantitative questions require students to collect data and perform detailed analyses in excel format with formulas.- Qualitative and discussion questions require students to provide their own assessment and judgement with detailed explanation in their answers.
knowledge_and_skill: Number of questions will depend on the lengths and difficulty levels of each question given by the lecturer.
grading_guide: All chapters and learning materials covered.
note: Take-Home
category: Mid-term test
type: on-going
weight: 15.0
duration: 45 minutes
question_type: CLO1, CLO2, CLO3, CLO4, CLO6, CLO7
no_question: Assignment in class based on chosen case study.
knowledge_and_skill: Number of questions will depend on the lengths and difficulty levels of each question given by the lecturer.
grading_guide: Chap 1, 2, 3, 4, 5, 7, 10, 11, 13, 14, 16, 17
note: Classroom
category: Quiz 1
type: on-going
weight: 15.0
duration: 45 minutes
question_type: CLO1, CLO2, CLO3
no_question: CLO1, CLO2, CLO3
knowledge_and_skill: Number of questions will depend on the lengths and difficulty levels of each question given by the lecturer.
grading_guide: Chap 1, 2, 3, 4, 5
note: Classroom
category: Quiz 2
type: on-going
weight: 15.0
duration: 45 minutes
question_type: CLO1, CLO2, CLO3, CLO4, CLO5
no_question: Multiple-choice, True-False; Short-answer Questions, Essay questions covering both qualitative and quantitative aspects of the learning materials.
knowledge_and_skill: Number of questions will depend on the lengths and difficulty levels of each question given by the lecturer.
grading_guide: All chapters and learning materials covered.
note: Classroom
category: Final exam
type: Final
weight: 30.0
duration: 60 minutes
question_type: CLO1, CLO2, CLO3, CLO4, CLO5
no_question: Multiple - choice questions
knowledge_and_skill: 50
grading_guide: All chapters and learning materials covered in the course.
note: Classroom

Schedule:
session: Course Introduction
learning_outcomes: I
materials: FIN305
session: Chapter 1: Introduction to the Art and Science of Technical Analysis
1.1 main objective of technical analysis
1.3 Forecasting Price and Market action
learning_outcomes: T
materials: FIN305
session: 1.7 Four Basic assumptions in the application of technical analysis
1.8 Market Participants
learning_outcomes: T
session: Chapter 2: Introduction of Dow Theory
2.1Origins and proponents of Dow Theory
2.2 Basic Assumptions of Dow Theory
2.3 Challenges to Dow Theory
learning_outcomes: T
session: Chapter 3: Mechanics and Dynamics of Charting
3.1 Gap action: four types of gaps
3.2 constant Chart Measures
3.3 future contracts
learning_outcomes: T
session: Chapter 4: Market phase analysis
4.1 Dow Theory of Market phase
4.2 Chart pattern Interpretation of market phase
4.3 Volume and open interest interpretation of market phase
learning_outcomes: T
session: 4.4 Moving Average interpretation of market phase
4.5 divergence and momentum interpretation of market phase
4.6 sentiment interpretation of market phase
4.7 Elliot's and cycle analysis interpretation of market phase
learning_outcomes: T
session: Chapter 5: Trend Analysis
5.1 Definition of trend and quality of trend
5.2 Price and trend filter
5.3 Trend participation
learning_outcomes: I
session: 5.4 Trendlines, Channels and Fan Lines
5.5 Gaps and Trends; Forecasting trend reversals
learning_outcomes: T
session: Quiz 1 (Chapter 1-5)
learning_outcomes: T
session: Chapter 6: Volume and open interest
6.1 Mechanics of Volume action
6.2 Volume oscillators
learning_outcomes: T
session: Chapter 7: Bar chart Analysis
7.1 Price bar pattern characteristics
7.2 Popular price bar reversal pattern
7.3 Volatility-Based Break out Patterns
learning_outcomes: T
session: Chapter 10: Fibonacci Number and Ratio Analysis
10.1 the Fibonacci Series
10.2 Fibonacci Ratios
10.3Fibonacci retracements, extensions, projections and expansions
learning_outcomes: I
session: 10.4 Fibonacci percentage retracement levels within an observed price range
10.5 Why should Fibonacci ratios or numbers work at all?
10.6 Geometrically versus numerically based Fibonacci operations
10.7 Fibonacci Trader's technical toolbox
10.8 Area of application
learning_outcomes: T
session: Chapter 11: Moving Averages
11.1 Seven main Components of moving averages
11.2 nine main applications of moving averages
learning_outcomes: T
session: Chapter 13: Chart pattern analysis
13.1 Elements of chart pattern analysis
learning_outcomes: T
session: 13.2 preconditions for reliable chart pattern reversals
13.3 popular chart patterns
learning_outcomes: T
session: Chapter 14: japanese candlestick analysis
14.1 elements of candlestick analysis
learning_outcomes: I
session: 14.2 Popular Candlestick pattern and their psychology
14.3 Intergrating candlestick analysis
learning_outcomes: I
session: 14.4 filtered candlesticks
learning_outcomes: T
session: 14.5 trading with candlesticks
learning_outcomes: T
session: 14.5 trading with candlesticks
learning_outcomes: T
session: Review, do exercise and practice
learning_outcomes: T
U
session: Review, do exercise and practice
learning_outcomes: U
session: Chapter 16: Ichimoku Charting and analysis
16.1 constructing the five Ichimoku Overlays
16.2 functional aspect of Ichimoku Overlays
16.3 Advantages and disadvantages of using Ichimoku Charting
learning_outcomes: T
session: 16.4 Time and Price domain characteristics of Ichimoku Overlays
16.5 Basic Ichimoku Price-projection techniques
learning_outcomes: T
session: Review, do exercise and practice
Mid-Term Test Instructions
learning_outcomes: T
U
session: Chapter 17: Market Profile
17.1 The search for fair price or value
learning_outcomes: T
session: 17.2 The daily profile formations
learning_outcomes: T
session: Review, do exercice and practice
learning_outcomes: T
U
session: Mid-term test
learning_outcomes: U
session: Chapter 17: Market Profile
17.1 The search for fair price or value
learning_outcomes: T
session: 17.2 The daily profile formations
learning_outcomes: T
session: Review, do exercice and practice
learning_outcomes: T
U
session: Chapter 18: Basic Elliot Wave Analysis
18.1 Elements of Elliot Wave Analysis
18.2 Rules and guidelines
18.3 Motive and corrective waves
learning_outcomes: I
session: 18.4 Wave Extensions and truncation
learning_outcomes: T
session: 18.5 Alternation and wave equality
learning_outcomes: T
session: 18.6 Fibonacci ratio and number analysis of Elliot Waves
learning_outcomes: T
session: Review, do exercice and practice
learning_outcomes: T
U
session: Chapter 21: Cycle Analysis
21.1 The concept of change and volatility
learning_outcomes: T
session: 21.2 Some statistic measures of price volatility
learning_outcomes: T
session: 21.3 Other measures of market Volatility
learning_outcomes: T
session: Review, do exercice and practice
Provide Individual Assignment Instruction
learning_outcomes: T
U
session: Chapter 24: Relative Strength Analysis
24.1 Measuring relative performance
learning_outcomes: I
session: Review chapter and practice
learning_outcomes: T
U
session: Chapter 25: Investor Psychology
25.1 General behavioral Aspects
25.2 Behavioral elements associated with chart patterns and and market trends
learning_outcomes: I
session: 25.2 Behavioral elements associated with chart patterns and and market trends
25.3 Behavioral aspects of market consolidations and market reversals
learning_outcomes: T
session: Chapter 26: Trader risk profiling and position Analysis
26.1 Fulfilling Client objectives and risk capacity
26.2 Aggressive and conservative market participation
26.3 Categorizing Clients according to term outlook and sentiment
learning_outcomes: T
session: 26.4 the seven participatory options
learning_outcomes: T
session: Review, do exercice and practice
learning_outcomes: T
U
session: 26.5 triggers, signals, price targets and stoplosses
26.6 confirming and non-confirming price action and filters
26.7 Collecting, Categorizing and organizing technical data
26.8 multi-timeframe confirmation
learning_outcomes: T
session: 26.5 triggers, signals, price targets and stoplosses
26.6 confirming and non-confirming price action and filters
26.7 Collecting, Categorizing and organizing technical data
26.8 multi-timeframe confirmation
learning_outcomes: T
session: Review,do exercice and practice
learning_outcomes: U
session: 26.9 reconciling technical outlook with client interest
26.10 hedging positions with derivatives
learning_outcomes: T
session: Review,do exercice and practice
learning_outcomes: U
session: Do exercise and pratice in class
Review Chapters 17, 18, 21, 24, 25, 26.
learning_outcomes: U
session: Quiz 2 (Chap 17, 18, 21, 24, 25, 26)
Individual Assignment Submission
learning_outcomes: U
session: Review all chapters and practice
learning_outcomes: U
session: Review all chapters and practice
learning_outcomes: U
session: Review all chapters and practice
learning_outcomes: U