A securities analyst who subscribes to the research discipline of "technical analysis" could be expected to:

• A. Observe and study time series data of closing market prices over time to identify patterns that inform the likely expected direction of a securities stock price based on what is termed "technical data" such as pricing data.
• B. Use sophisticated tools and applications in an Excel worksheet as opposed to the more traditional "pen and paper" analysis, now commonly referred to as "technical or algorithmic analysis".
• C. Study company fundamentals, e.g. create complex and technical formulas to study balance sheets to provide buy/sell signals.
• D. Invest in index funds to mirror the market performance.

Answer: (A)