# Technical Analysis/Technical Indicators

The basic data on which the chart is drawn are

- Date
- Price (Open, High, Low & Close)
- Volume
- Open Interest

While using this data there are many statistical values which are used to get more insight into the available data. Some of these indicators are

- Moving Average
- Exponential Moving Average
- On Balance Volume
- Bollinger bands
- Relative Strength Index (RSI)
- Moving average convergence divergence (MACD)

Each of these indicators have specific use. Moving averages are used to spot the direction of trend, while oscillators like RSI and MACD gives strength of trend.