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The question

Is the technical analysis of stocks, which studies the past price of a stock to predict its future price and determine times for buying and selling, considered a form of prognostication?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Technical analysis of stocks, commodities, traffic movements, and the like, which is based on logical study, sound data, and experience, is not considered divination or fortune-telling. Divination is foretelling future unseen matters and claiming knowledge of secrets, whereas analysis is an expectation built upon logical data and premises.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
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Ftawy
Original fatwa ID
115022
Imported
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Source text, unreviewed
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