Last Updated: Sep 07, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application of Technical Analysis | 10% | - Integration of Indicators into Trade Plans - Volatility and Risk Forecasting - Chart Interpretation for Entry/Exit Decisions |
| Topic 2: Ethics | 3% | - Ethical Standards & Professional Conduct |
| Topic 3: Advanced Techniques | 40% | - Systematic Trading & Model Testing - Cross-Asset Analysis - Statistical Analysis & Volatility - Risk Management Principles |
| Topic 4: Classical Techniques | 40% | - Trend Analysis - Internal & External Technical Indicators - Chart Pattern Analysis - Chart Types and Construction - Cycles |
| Topic 5: Theory & History | 7% | - Evolution of Technical Analysis - Behavioral Finance Concepts |
Question 1
Steve Smith, CFA, is an equity research analyst for a long-term investment fund. His annual bonus is linked to annual trading profits. Under a new policy, the assessment period is switched to a monthly assessment period. According to the Code and Standards, best practices dictate:
A. updating disclosures when the policy change is implemented.
B. keeping the policy change within the firm and existing clients.
C. requiring Smith to obtain permission from each client prior to implementation of the new policy.
D. keeping the policy change within the firm.
Question 2
Which of the following is true of moving averages?
A. Moving averages always provide more valid trade signals than oscillators
B. Moving averages provide the most valid trade signals in sideways markets
C. Moving averages provide the most valid trade signals in trending markets
D. Oscillators always provide more valid trade signals than moving averages
Question 3
Which is NOT a measure of central tendency:
A. Variance
B. Mean
C. Median
D. Mode
Question 4
Most of these indicators measure what uninformed investors are doing.
A. Sentiment indicators
B. Cycle indicators
C. Breadth indicators
D. Flow of Funds indicators
Question 5
Which of the following is NOT a basic principle of cycles?
A. Synchronicity
B. Alternation
C. Summation
D. Harmonicity
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: A | Question 4 Answer: A | Question 5 Answer: B |
Warner
Astrid
Dana
Frances
Joa
Marguerite
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