Technical indicators, which are utilized by traders who follow technical analysis, are algorithmic or pattern-based indications generated by the price, volume, and/or open interest of an asset or contract. Technical analysts utilize indicators to forecast future price changes by examining historical data. The Relative Strength Index (RSI), Money Flow Index (MFI), stochastics, moving average convergence divergence (MACD), and Bollinger Bands are a few examples of popular technical indicators.
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