Technical analysis is the analysis of investment assets using trends in price action in the market and historical data. It is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. This information can be obtained from candlestick charts, and investors rely on candlestick chart patterns and technical indicators to produce buy-sell signals for financial securities. These buy-sell signals tell investors when to make trades of their assets on the market. Technical analysis, on its own or in combination with other investment approaches, informs investment decisions for investors of every size from retail investors to the market makers- institutional traders.
Investment accounts for the majority of economic value in most modern economies. It adds value to the economy by giving companies access to capital to carry out business, and it allows consumers and retail investors to participate and support businesses they care about and believe in. Traditionally, stockbrokers were the sole source of investment information and they charged steep premiums for access to their services. With the advent of the internet and the widespread adoption of mobile phones, this information became widely available to the public for free.
This provides an in-depth discussion on the technical analysis of investments, including the different quantitative measures that can be used to analyze investment performance. This thesis explores building a mobile application, Imali, to provide users with information to use in making sound investments. The approach adopted in this paper involves building a cross-platform mobile application using React Native. The paper discusses design decisions as it pertains to the user interfaces and database. Finally, Imali uses the Alpha Vantage API to provide users with candlestick charts and other financial data about different securities.
Chingonzo, Tanaka, "Imali: A Technical Analysis Mobile Application in React Native" (2021). Senior Independent Study Theses. Paper 9341.
Bachelor of Arts
Senior Independent Study Thesis
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