Technical analysts are professionals who study market data, primarily price and volume, to forecast future price movements of financial assets. They use various tools and charts to identify patterns and trends, helping traders make informed decisions. Their focus is on historical data rather than the underlying fundamentals of the assets. These analysts often rely on indicators such as moving averages, relative strength index (RSI), and Bollinger Bands to guide their trading strategies. By analyzing these patterns, technical analysts aim to predict market behavior and optimize entry and exit points for trades.