15 Best Technical Analysis Books

The article shares the list of technical analysis books that are indeed the best of the bunch.

Technical Analysis Books

The technical analysis intends to track and interpret patterns to forecast the price movements of the market. Though it may seem easy, without a solid strategy, it may fire back.

Traders need proper guidance to pull out a steadfast plan to generate explosive profits. Many experienced traders have penned down their knowledge and experience in technical analysis books. 

Half of the financial field is filled with jargon, and one may find it challenging to choose the best analysis book. We have listed the fifteen best technical analysis books that may help you to meet your financial goals. 

                                                                                                                                 

15 Best Technical Analysis Books 2021

Please go through the recommendation of the best technical analysis book in the market. 

1. Market Wizards

Market Wizards- Technical Analysis Book
Market Wizards- Technical Analysis Book
  • About the Author

The book is written by Jack Schwager, who is a hedge fund expert and a writer. Jack is a famous trade expert with extensive experience of more than three decades in the finance field. He manages (or has managed) many popular hedge funds, namely Fortune Group, Marketopper, and ADM Investor Services Diversified Strategies Fund.

  • About the Book

This book features interview talks of dozens of “successful” traders. Jack has summarised all interviews into a single Mantra; you need a reliable roadmap and an optimistic mindset to be a successful trader. This book features Bruce Kovner, Paul Tudor Jones, Michel Steinhardt, Tom Baldwin, and many other traders. Jack Schwager’s Market Wizards is among the best technical analysis books.

2. Getting Started in Technical Analysis

Getting Started in Technical Analysis - Technical Analysis Book
Getting Started in Technical Analysis – Technical Analysis Book
  • About the Author 

Getting Started in Technical Analysis is another masterpiece from Jack Schwager’s arsenal. Jack himself is a renowned trader and writer who has written more than five bestselling books on wall street. 

  • About the Book

This book will show you a cracked version of the stock market. The author has diluted all his extensive knowledge on the paper. The book covers a wide range of in-depth topics related to the technical analysis of the stock market. The book mainly sheds light on chart patterns, charts-bar, close-only, point-and-figure, candlestick charts, and pattern recognition. 

Read Next: Best Investing Books

3. Technically Speaking

Technical Speaking - Technical Analysis Book
Technical Speaking – Technical Analysis Book
  • About the Author 

Chris Wilkinson is the author of the book “Technically Speaking”. Chris is a journalist, trader and writer. In Technically Speaking, Chris has featured interviews of sixteen top traders and technical analysts. 

  • About the Book

The author has featured interviews of sixteen renowned technical analysts. The main goal of the author is to bring the readers to the table of fortune. These sixteen Gurus will help you to understand the technical aspect of the market quickly. The featured traders have revealed the methodologies, metrics, and strategies while picking assets. 

The mentioned traders include Stan Berge, Ralph Bloch, John Murphy, Paul Desmond, Martin Pring, etc. 

4. Technical Analysis Explained

Technical Analysis Explained - Technical Analysis Book
Technical Analysis Explained – Technical Analysis Book
  • About the Author 

Martin J. Printing is the founder and chairman of Pring.com. Pring group is a training platform for investors around the world. Mr. Pring is also a strategist for the Pring-Turner Business cycle. He also serves as a professor at Golden Gate University. He teaches graduate-level courses on technical analysis. 

  • About the Book

This book tells you how to maximize profits in today’s dynamic market. It will enhance your decision-making skills and build a profit-driven approach. Martin Pring has written this book in a straightforward yet interactive way. It covers a wide range of topics related to technical analysis, namely, price patterns, candlestick charts, relative strength, momentum, sentiment indicators, and global stock markets.

Read Next: Best Share Market Books

5. Technical Analysis of the Financial Markets

Technical Analysis of the Financial Markets - Technical Analysis Book
Technical Analysis of the Financial Markets – Technical Analysis Book
  • About the Author 

John J. Murphy is a market technical analyst who has worked with CNBC and Merrill Lynch’s Technical Analysis Futures Division. He is also honored by the International Federation of Technical Analysts for his valuable contribution to technical analysis. 

  • About the Book

Technical Analysis of the Financial Markets is among the best analysis books. The bestseller book covers a deep analysis of the technical aspect of the market understanding with the help of tools like candlestick charting, Intermarket relationships, stocks, and stock rotation, plus state-of-the-art examples and figures. The book has been revised more than five times, including the latest finance technology developments, technical tools, and indicators.

6. How to Make Money in Stocks

How to Make Money in Stocks - Technical Analysis Book
How to Make Money in Stocks – Technical Analysis Book
  • About the Author 

William J. O’Neil is an angel investor, writer and the founder of Investor’s Business Daily. William O’Neil is a well-known name on Wall Street. He also trains individuals and manages portfolios for investors. He also founded an institutional investment firm that has clients of over 500 investment organizations. 

  • About the Book

“How to Make Money in Stocks” is a go-to guidebook to understanding the methodology of intelligent investment. This book is suitable for all investments, irrespective of their experience level. William O’Neil suggests tracking financial news to understand the topic thoroughly. The book features the latest FinTech concepts, technical analysis strategy, charting system, research tools, graphics. This classic Work will help you to develop a keen knowledge of the market.

Read Next: Best Personal Finance Books

7. Japanese Candlestick Charting Techniques 

Japanese Candlestick Charting Techniques - Technical Analysis Book
Japanese Candlestick Charting Techniques – Technical Analysis Book
  • About the Author 

Steve Nison has written the  Japanese Candlestick Charting Techniques book. Steve Nison is the founder of Nison Research International. He is a technical advisor for the likes of the World Bank and the Federal Reserve. It is said that Steve is the pioneer of using candlestick charting for technical analysis. 

  • About the Book

The book features comprehensive research on candlestick charting and how to use that as a research tool. The author has tried to keep the book interactive and straightforward. Japanese Candlestick Charting Techniques is one of the best technical analysis books that are suitable for amateurs and professionals. 

8. Encyclopedia of Chart Patterns

Encyclopedia of Chart Patterns - Technical Analysis Book
Encyclopedia of Chart Patterns – Technical Analysis Book
  • About the Author 

Thomas N. Bulkowski is an engineer turned trader. Thomas is the author of nine books primarily written for the stock market. Thomas is a professional financial advisor with more than three decades of experience. 

  • About the Book

Encyclopedia of Chart Patterns is mainly based on the charting system and how to use charts as a critical research tool. Readers can learn about the price pattern in the bull and bear markets,  Statistics, Trading Tactics, and Sample Trade. 

Every trade in the market leaves behind a footmark. These footmarks are known as chart patterns of the stock market. This book will help to interpret these patterns to build a clear perspective and decisions about trading. 

Read Next: Best Day Trading Books

9. Technical Analysis Using Multiple Timeframes

Technical Analysis Using Multiple Timeframes - Technical Analysis Book
Technical Analysis Using Multiple Timeframes – Technical Analysis Book
  • About the Author 

Brain Shannon is a technical analyst, trader, and author. He also trains aspiring technical analysts and swing traders. He runs an educational platform named Alphatrends, where he provides online mentoring to trainees. “Technical Analysis Using Multiple Timeframes” has been acclaimed as a “classic” title. 

  • About the Book

The  American author Brain Shannon has shared his “timeframe method” for trading in the book. He has shared his acclaimed five timeframes (weekly chart, a daily chart, a 30-minute timeframe, a 15-minute timeframe, and a 5-minute timeframe). This methodology helps him track trends, estimate profit potential, anticipate price movements, and do other necessary research. The book is among the best technical analysis books and a must-have for all beginner and intermediate investors. 

10. Technical Analysis for Dummies

Technical Analysis for Dummies - Technical Analysis Book
Technical Analysis for Dummies – Technical Analysis Book
  • About the Author 

Technical Analysis for Dummies is written by Barbara Rockefeller, an economist, technical analyst, and forecaster. Barbara Rockefeller has founded Rockefeller Treasury Services, which provides services like foreign exchange forecasting and currency management. Barbra uses both fundamental and technical analysis for trading.

  • About the Book

Technical Analysis for Dummies will help you track market trends, understand behavioral economics and charting, and a deep analysis of other market indicators. The author has tried to formulate her theories into a guidebook. Readers will have a good understanding of the bull and bear market, market psychology, candlestick charting, interpreting trading footnotes after studying the book. 

Read Next: Best Accounting Books

11. Elliott Wave Principle: Key to Market Behavior

Elliott Wave Principle Key to Market Behavior - Technical Analysis Book
Elliott Wave Principle Key to Market Behavior – Technical Analysis Book
  • About the Author 

Robert Prechter and A.J.Frost wrote this book. 

Rober Prechter was one of the pioneers who used the “Elliott Wave Principle” to strategize his moves in the market. A.J. Frost also uses the “Elliott Wave Principle” to make astonishingly accurate forecasts. Both the analysts are great friends and published the book.

  • About the Book

Lately, its 11th edition was published by the publication house. The book theorizes a “13 wave terminology”  to forecast the movement of market price and averages. This book on wave analysis will help you track the wave’s right peak and the basics of counting waves.

12. Technical Analysis from A to Z

Technical Analysis from A to Z - Technical Analysis Book
Technical Analysis from A to Z – Technical Analysis Book
  • About the Author 

Steven B. Achelis is an entrepreneur, trader, and writer. He is the founder of Equis International, which provides technical analysis, portfolio management, and software solutions for FinTech companies. Steven B. Achelis is also an adviser for CNBC and the CBS network. 

  • About the Book

Technical Analysis from A to Z is among the best technical books for beginners and intermediate investors. It offers extensive information about technical analysis and research tools to track market movements and prices. The book is suitable to apply in any market. With over 135 indicators for technical analysis, this book is itself a confidante. 

13. The Art and Science of Technical Analysis

The Art and Science of Technical Analysis - Technical Analysis Book
The Art and Science of Technical Analysis – Technical Analysis Book
  • About the Author 

Adam Grimes is the author  of the title “The Art and Science of Technical Analysis.” Adam is a swing and intraday trader who mainly trades in futures, equities, currencies, and derivatives. He is also the CIO of Waverly Advisors. Waverly Advisors is an American wealth management and risk advisory company.  

  • About the Book

The Art and Science of Technical Analysis speak about technical analysis, money-making patterns, profitable trading, and the academic view of markets. The book is truly a work of comprehensive knowledge and research that explores the dynamic nature of the market. The book theorizes the application of Fibonacci analysis in strategizing the next moves for trading. 

Each statement and argument made in the book is backed by the author’s accurate statistical and technical analysis. 

14. How to Make Money Trading with Candlestick Charts

How to Make Money Trading with Candlestick Charts - Technical Analysis Book
How to Make Money Trading with Candlestick Charts – Technical Analysis Book
  • About the Author 

Balkrishna M. Sadekar is the author of the book and the founder of the Profitable Candlestick Charting LLC. His company provides training to stock traders about the application of candlestick charting and technical analysis in trading. Sadekar is a trader, businessman, trainer, and author. 

  • About the Book

The author has done a groundbreaking job in the book. From the Japanese paddy farms to the elite stock market, candlestick charting has made amass fortunes for a long time. The book sheds light on significant market psychology indicators, candlestick signals for long-term investments, and strategies to generate explosive profits. 

15. A Complete Guide to Volume Price Analysis

A Complete Guide to Volume Price Analysis - Technical Analysis Book
A Complete Guide to Volume Price Analysis – Technical Analysis Book
  • About the Author 

A Complete Guide to Volume Price Analysis is written by Anna Coulling. Anna is a forex trader and writer. 

  • About the Book

This book is written in straightforward language that”s what makes it suitable for beginners. Anna theorizes the application of indicators to forecast market movement using just two indicators; volume and price. She uses price and volume to carry out a technical analysis which can result in explosive profits. Anna states that “everything lags in front of volume and price. 

Frequenlty Asked Questions

What book should I read for technical analysis?

To learn technical analysis, you can consider the following recommendations: 

  • The Art and Science of Technical Analysis
  • Technical Analysis from A to Z
  • Market Wizards
  • Technical Analysis Using Multiple Timeframes
  • Technical Analysis of the Financial Markets
  • Getting Started in Technical Analysis
  • Elliott Wave Principle: Key to Market Behavior

  • Does technical analysis Work?

    Look at the successful traders such as Bruce Kovner, Tom Baldwin, John Murphy, Paul Desmond, Martin Pring; every one of them has their technical analysis methodology. It indeed works for them, and it may work for other traders also. All that matters is finding the right pulse of the market using the right indicators and footprints. 


    Why does technical analysis fail?

    Look at the successful traders such as Bruce Kovner, Tom Baldwin, John Murphy, Paul Desmond, Martin Pring; every one of them has their technical analysis methodology. It indeed works for them, and it may work for other traders also. All that matters is finding the right pulse of the market using the right indicators and footprints. 


    Which chart is best for trading?

    Candlestick charts are the best to track market movement as they show open, close, high, and low prices. Investors can easily interpret trends and movements of the market.


    What are the best technical analysis books for beginners? 

    Beginner and intermediate investors should keep a few things in mind while choosing a  technical analysis book. The book should be written in an easy tone, and it should not have complex terminologies. Aspiring investors can consider the following recommendations:

  • A Complete Guide to Volume Price Analysis by Anna Coulling
  • How to Make Money Trading with Candlestick Charts by Balkrishna M. Sadekar
  • Technical Analysis from A to Z by Steven B. Achelis
  • How to Make Money in Stocks by William J. O’Neil