Your trading analysis expertise can impact how well you make trading decisions. Online technical analysis courses can be a great way to improve your technical analysis skills. You’ll be able to find a number of online courses created for beginners to advanced traders so you can learn at your own pace. Here’s what you need to know before you choose a technical analysis course.
Quick Look: Best Technical Analysis Courses
What Makes a Great Technical Analysis Course?
Before you commit to spending money — or if the course is free, your time — research your options to ensure that you pick the course that will teach you the most important trading techniques. Your technical analysis course should include the following benefits.
What worked 5 years ago might not work now. Pick a class taught by a trader who has current strategies and knowledge that you can implement into your own trading.
Some traders or investors might denounce technical analysis as an unnecessary study of patterns without any concrete results. Others will claim that technical analysis is the reason for their success. The more you master technical analysis, the more likely it will help you become profitable. If you misuse technical analysis, you could lose your investments. It might be helpful to take a course so you’re under the supervision of an expert trader who can lead you down the correct path to become more profitable. Market Psychology
Psychology, believe it or not, plays a vital role in your trading success. Just like a game of chess, you must master the psychology of trading if you want to become a master. Understand the basic knowledge like chart patterns and risk management to gain a thorough understanding of both individual and crowd psychology.
Our Top Picks
Here are Benzinga’s choices for the best technical analysis classes. We’ve listed the best beginner, intermediate and advanced courses. Depending on your skill level and prior knowledge, you can choose which level works best for you. Some courses provide direct feedback on your skills, whereas others teach you through readings or videos.
Some of the best technical analysis courses can be found on:
- Investopedia Academy
- LinkedIn Learning
- The Chart Guys
- Investopedia Academy
- Fin Trading
- Online Trading Academy
We’ve divided these technical analysis courses into three categories: best technical analysis courses for beginners, best intermediate technical courses and best advanced technical analysis courses. The courses are then ranked by price point, with the cheapest class listed first.
Technical Analysis for Beginners
These beginner courses are best for people who have little to no knowledge of the stock market or technical analysis. You’ll learn more about the basic rules and terminology of technical analysis through these courses.
Beginners Guide to Technical Analysis by Fidelity
- Who it’s for: Beginners — though it’s a reading-based course and is better for people who aren’t visual learners
- Price: Free
Fidelity, one of the most trusted financial services companies, offers its Beginners Guide to Technical Analysis course to help you build a strong foundation. Even if you have no previous technical analysis knowledge, you’ll be taught the basic concepts behind this strategy. You’ll learn more about the benefits and limitations of technical analysis as well as strategies to help you apply your new knowledge to assist you in your investing or trading. You can take your time on this course because it’s self-paced.
Technical Analysis Course by The Chart Guys
- Who it’s for: Beginners who want to access a variety of resources
- Price: Free
The Chart Guys has delivered a free Technical Analysis Course ideal for beginners who have no prior chart knowledge. The Chart Guys understand that it is difficult to get started when you are in the stock market and this guide is chock full of resources, techniques and indicators.
Throughout the 7 modules, you’ll learn the goals and purpose of technical analysis, what the difference is between forecasting models and predictions as well as the foundations of trends and how to identify trend lines. By the end of the course, you’ll leave with 6 new trading strategies that you can utilize when you apply them to your everyday trading systems.
Technical Analysis by Investopedia Academy
- Who it’s for: Beginners
- Price: $199 (lifetime access)
Investopedia Academy created a basic Technical Analysis course taught by J.C. Parets, one of the most-followed technical analysts worldwide, and has more than 10 years of experience. The course will teach you how to identify a good trade versus a bad trade and how to get out of the bad trades faster. The class will show you how to make projections to set price targets, identify patterns, trends, signals and indicators to understand the price behavior. After you complete the course, you get a certificate of enrollment and can revisit the course as many times as you want.
These courses are best for people with a basic knowledge of technical analysis and who need extra strategies and techniques to excel.
Stock Trading Strategies: Technical Analysis Masterclass 2 by Udemy
- Who it’s for: Intermediate learners
- Price: $199
Stock Trading Strategies, brought to you by Udemy, is the second course in the series. If you want a refresher course first, you can watch the first course. Masterclass 2 will teach you how to plan for max profit and loss before it happens. You’ll learn how to maximize your knowledge to become a more efficient trader. You can implement your new skills in any stock index, cryptocurrency or in forex. The course leader also assigns homework and provides feedback on your assignments.
Technical Analysis Boot Camp by Fin Training
- Who it’s for: Intermediate traders, especially traders in the New York City area
- Price: $1,695
New York City traders can get an in-person seminar from Fin Trading that teaches you everything you need to know about technical analysis. This course can also help you prepare for the Chartered Market Technicians (CMT) exam.
The seminar can be live-streamed online because it doesn’t just teach technical principles. Participants are taught to create their own investing and trading strategies to discover what works best for them. The course leader will dissect sample problems from past market charts and talk about their trading experiences.
Technical Analysis Strategies Course by Online Trading Academy
- Who it’s for: Intermediate individual stock, ETF and futures traders
- Price: $2,000
Online Trading Academy is one of the leading resources for the stock market and it delivers a great course for intermediate learners with its Technical Analysis Strategies course. The course teaches not only the big picture, like how to identify trends and how all markets are related but also how to use analytical tools such as moving averages, Bollinger Bands, RSI and MACD to apply your new strategies to the changing market. You’ll also study real-market examples to understand how to manage risk.
Advanced Technical Analysis Course
Advanced technical analysis courses help you grow your trading business. These classes could be right for you if you need more expert advice and tips.
Advanced Technical Analysis Training Course by EduCBA
- Who it’s for: Advanced traders who want to learn multiple approaches to technical analysis
- Price: Free
The Advanced Technical Analysis Training Course by EduCBA helps you to study the past to succeed in your trading or investments. This course can help you analyze exchange-traded funds, index futures and individual stocks. By the end of the course, you’ll learn how to predict the direction the market will take and make the right decisions.
EduCBA teaches various technical analysis techniques such as the Elliott Wave Theory, Dow Theory, cyclical analysis and others. You’ll also learn how to better manage your money and develop a mechanical trading system.
Stock Technical Trader by Marketfy
- Who it’s for: Advanced learners who want to interact with other traders while learning
- Price: $39 per month
Stock Technical Trader is your place to gain access to everything related to the stock market. You’ll get instant trade alerts, a live trading chat room and videos to help you build a stronger technical analysis foundation.
Rod Davis is the instructor, and he brings more than 25 years of experience to the classroom. His strategies have evolved as the market has changed. He continues to stay a few steps ahead of breakouts.
Trading Fast and Slow: Advanced Technical Analysis by Udemy
- Who it’s for: Advanced traders
- Price: $199
In this Advanced Technical Analysis course by Udemy, you’ll learn how to master advanced technical analysis techniques by studying real-life examples of momentum, volume, market trends and volatility. There is a dedicated support system with this course, and all your questions get answered quickly by an instructor. The course is frequently updated — you’ll get the most recent information to help you succeed.
Get the Best Technical Analysis Course for You
Technical analysis can provide a new set of concepts and tools for traders to utilize. Remember, some successful traders don’t use technical analysis and some do. Ultimately, you must decide if this concept is right for your trading type. Technical analysis does not guarantee that you will be successful. Still, if you employ the techniques and strategies that you learn in your online technical analysis course, you can enjoy a very real possibility of success.