A technical analysis tool is a resource used by traders and investors to evaluate price movements and market trends using historical data and technical indicators. These tools provide features like charting, trendlines, moving averages, oscillators, and volume analysis to help predict future price movements. By analysing patterns and signals, technical analysis tools aid in identifying entry and exit points for trades, market trends, and potential reversals. They are essential for making informed decisions, especially in short-term trading and volatile markets.