Introduction to Technical Analysis

This is a preparatory program that helps students prepare for the CMT Level 1 certification examination offered by the CMT Association.

The CMT credential is the preeminent global designation for practitioners of technical analysis and the skills learnt can have applications in wide ranging areas such as trading, portfolio management, investment analysis, quant trading and risk management.

The program is broken down into six modules, each covering a specific portion of the syllabus. This complements the official CMT curriculum and includes access to slides, study material and a question bank.

Modules

Theory of Technical Analysis

This 1 day course covers the historical developments of Technical Analysis, introduction to basic theories and charts

Analysis of Charts, Patterns and Trends

This 2 day course covers the basics of trends, patterns, volume analysis and the concepts of breakouts, stops, retracements and confirmation. It also introduces the methods of point and figure charting

Advanced Charting and Trends

This 2 day course builds on the basic knowledge of charting and covers the wave principle, Elliott Waves, measurement of market strength and cycle theory.

Markets and Volatility

This 2 day course introduces the different asset class markets viz. Equities, Fixed Income, Futures, Exchange Traded Products, FX, Options and basics of volatility and the calculation of VIX

Behavioral Finance

This 1 day course looks at the behavioral finance and the theories of market dynamics. It looks at sentiment, sentiment measures and noise trading.

Statistics and Technical Trading Systems

This 1 day course covers basic statistics and probability concepts that are important for trading. It also introduces the principles that are essential to consider while building technical trading systems

Who should attend

Traders, investors, business leaders in the investment field, quantitative trading professionals, team leaders, market related risk and compliance professionals.
Anyone looking for career opportunities in the finance industry
Self taught traders who wish to improve their knowledge of technical analysis

Prerequisites

Basic knowledge of finance and some relevant experience in the finance sector
Basic knowledge of mathematical concepts

Program Delivery and Assessment

The program will be delivered in a hybrid mode, comprising self study, online and face-to-face lessons

The students will have to complete regular assignments and one final assessment at the end of each module. These assessments would prepare the candidates for taking the CMT Level 1 examination.

The CMT level 1 examination

Testing Window :
1- 12 June 2023

Early Registration Begins: Dec 15, 2022

Standard Registration Begins: Feb 13, 2023

Late Registration Begins: Apr 10, 2023

Registration Deadline: May 15, 2023

Exam Information

The CMT Level I Exam focuses on the basic knowledge of the terminology and analytical tools used in technical analysis. The exam is two hours long, and consists of 132 multiple-choice questions.

As of January 2019, the CMT Association has discontinued its membership requirement for CMT exam candidates. You may still choose to become an affiliate member before enrolling in the CMT Program, but it is no longer required. However, member pricing for the exams differs from nonmember pricing.

Knowledge Domains Tested

Theory and History : 9%
Markets : 5%
Market Indicators : 7%
Chart Construction : 5%
Trend Analysis : 16%
Chart and Pattern Analysis : 23%
Confirmation : 3%
Cycles : 5%
Selection and Decision Making : 13%
System Testing : 5%
Statistical Analysis : 6%
Ethics : 3%

Program Fees

Module 1 - Theory of Technical Analysis : $300

Module 2 - Analysis of Charts, Patterns and Trends : $600

Module 3 - Advanced Charting and Trends : $600

Module 4 - Markets and Volatility : $600

Module 5 - Behavioral Finance : $400

Module 6 - Statistics and Technical Trading Systems : $400

Preparatory Question Bank : $400