Technical Analysis attempts to focuses on the Technology sector and predicts if the sector is going to underperform, outperform or market perform. estimates the intrinsic value of a security and compares it to the market value to determine if it is mispriced B and C. forecast the direction of prices using past data a" primarily prices and volume. forecast cash flows, like dividends, earnings and residual income, and then discount them to estimate the fair value (theoretical price) of the security