Financial Terms Dictionary: ELI5 Version - Technical Analysis

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Technical Analysis:

refers to a significant financial indicator utilized in investment analysis, denoting the uppermost and lowermost price points at which a given security or asset has traded over the course of the preceding 52-week period. This metric is employed as a gauge of a security's relative performance, unveiling the highest and lowest valuation thresholds it has attained within a year-long timeframe.