Technical analysis

In finance, technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which, being an aspect of active management, stands in contradiction to much of modern portfolio theory. The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis which states that stock market prices are essentially unpredictable.

History

The principles of technical analysis are derived from hundreds of years of financial market data. Some aspects of technical analysis began to appear in Joseph de la Vega's accounts of the Dutch markets in the 17th century. In Asia, technical analysis is said to be a method developed by Homma Munehisa during early 18th century which evolved into the use of candlestick techniques, and is today a technical analysis charting tool. In the 1920s and 1930s Richard W. Schabacker published several books which continued the work of Charles Dow and William Peter Hamilton in their books Stock Market Theory and Practice and Technical Market Analysis. In 1948 Robert D. Edwards and John Magee published Technical Analysis of Stock Trends which is widely considered to be one of the seminal works of the discipline. It is exclusively concerned with trend analysis and chart patterns and remains in use to the present. Early technical analysis was almost exclusively the analysis of charts, because the processing power of computers was not available for the modern degree of statistical analysis. Charles Dow reportedly originated a form of point and figure chart analysis.

Imperial War Museum

Imperial War Museums (IWM) is a British national museum organisation with branches at five locations in England, three of which are in London. Founded as the Imperial War Museum in 1917, the museum was intended to record the civil and military war effort and sacrifice of Britain and its Empire during the First World War. The museum's remit has since expanded to include all conflicts in which British or Commonwealth forces have been involved since 1914. As of 2012, the museum aims 'to provide for, and to encourage, the study and understanding of the history of modern war and "wartime experience"'.

IWM

IWM may refer to:

War Museum of Thessaloniki

The War Museum of Thessaloniki (Greek: Πολεμικό Μουσείο Θεσσαλονίκης) is a military museum in Thessaloniki, Central Macedonia, Greece. Thessaloniki War Museum opened its doors to the public in October 2000. It is housed in the building designed by architect Vitaliano Posseli and erected between 1900 and 1902.

The museum’s mission is to act as a base in Northern Greece for events organized by the War Museum in Athens and to help preserve historical memory and heritage in Northern Greece. Through its permanent exhibitions and various dedicatory exhibitions, the museum emphasizes the continuation of the Hellenic race throughout history, while simultaneously contributing to the documentation of the history of Greece at war.

The permanent collections show events which were a watershed in Modern Greek history from the turn of the 20th century to the liberation of Greece from German forces at the end of World War II. They include photographs of the times, Greek army, air force and navy uniforms, weapons of the Greek army, replicas of artillery and ships, works of art, stone engravings, maps, paintings, postcards, and similar items from the armies of other Balkan countries.

Imperial War Museum Duxford

Imperial War Museum Duxford is a branch of the Imperial War Museum near Duxford in Cambridgeshire, England. Britain's largest aviation museum, Duxford houses the museum's large exhibits, including nearly 200 aircraft, military vehicles, artillery and minor naval vessels in seven main exhibition buildings. The site also provides storage space for the museum's other collections of material such as film, photographs, documents, books and artefacts. The site accommodates several British Army regimental museums, including those of the Parachute Regiment (named Airborne Assault) and the Royal Anglian Regiment.

Based on the historic Duxford Aerodrome, the site was originally operated by the Royal Air Force (RAF) during the First World War. During the Second World War Duxford played a prominent role during the Battle of Britain and was later used by United States Army Air Forces fighter units in support of the daylight bombing of Germany. Duxford remained an active RAF airfield until 1961. After the Ministry of Defence declared the site surplus to requirements in 1969 the Imperial War Museum received permission to use part of the site for storage. The entirety of the site was transferred to the museum in February 1976.