Practice Test for CMT Market Technician Level I 2026

Chartered Market Technician Level I 2026

Chartered Market Technician (CMT) is a title awarded to professional market technical analysts by the CMT Association (USA). The CMT market technical analysis certificate is highly regarded and quite popular in the United States. This is demonstrated by the fact that the US Securities and Exchange Commission (SEC) accepts the results of the CMT Level 1 and Level 2 exams to replace the Series 86 exam (exam for sell-side analysts).

The CMT program develops knowledge of technical analysis and directly influences the work & decisions of portfolio managers, hedge fund managers, investment consultants, research managers, etc.

Fundamental Analysis and Technical Analysis

Fundamental Analysis: Fundamental analysis evaluates stocks by measuring their intrinsic value. Fundamental analysts look at everything from the overall economy and industry conditions to the financial and management strength of individual companies. Earnings, expenses, assets, and liabilities are all monitored by fundamental analysts.

Technical analysis: Traders attempt to identify opportunities by examining statistical trends, such as price movements and trading volume. Technical analysts do not attempt to measure the intrinsic value of a security. Instead, they use charts to determine assumptions and future trends in a stock.

LEVEL I: Foundational Principles of Technical Analysis

Core Concepts and Underlying Theories and Terminology | The Tools and Methods Used in Technical Analysis

I. Theory and History

i. Evolution of Technical Analysis

ii. Key Concepts in Technical Analysis and Market Analysis

iii. Behavioral Finance

II. Classical Techniques

i. Chart Types and Construction

ii. Trend Analysis

iii. Chart Pattern Analysis

iv. Internal and External Technical Indicators v.Cycles

III. Advanced Techniques

i. Statistical Analysis ii.Volatility Analysis

iii. Systematic Trading

iv. Cross-asset Analysis v.Principles of Risk Management

IV. Ethics