What is a technical analyst and how to become one

Updated January 8, 2025
4 min read
Quoted Expert
Rebecca Sarver
introduction image

A technical analyst uses past market data and charts to identify trends and predict future market behavior. They analyze charts and technical indicators to help investors make informed decisions about buying and selling securities. Technical analysts use their knowledge to develop trading strategies that maximize profits and minimize risks. They work closely with traders, portfolio managers, and financial professionals to provide insights into the market. Technical analysts use their attention to detail and knowledge of financial markets and instruments.

What general advice would you give to a Technical Analyst?

R

Rebecca SarverRebecca Sarver LinkedIn Profile

Lecturer in Human Services Studies, Elmira College

Listen more than you talk. There is so much to be learned from clients, seasoned human service workers, and the community that you work within. By listening and observing versus always feeling compelled to speak, you will learn job skills, people skills, and your clients' needs.
ScoreTechnical AnalystUS Average
Salary
5.8

Avg. Salary $74,045

Avg. Salary $59,228

Stability Level
5.3

Growth Rate 9%

Growth Rate 0.3%

Diversity
5.4
Race

American Indian and Alaska Native 0.19%

Asian 18.46%

Black or African American 10.21%

Hispanic or Latino 10.99%

Unknown 5.00%

White 55.14%

Gender

female 30.06%

male 69.94%

Age - 42
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 42
Stress Level
5.3

Stress level is manageable

7.1 - high

Complexity Level
8.3

Complexity Level is challenging

7 - challenging

Work Life Balance
4.8

Work Life balance is fair

6.4 - fair

What are the pros and cons of being a Technical Analyst?

Pros

  • Exciting and challenging work

  • High earning potential

  • Opportunities for career advancement

  • Strong demand for technical analysts in the job market

  • Ability to work remotely or in a variety of locations

Cons

  • High stress levels due to tight deadlines and complex projects

  • Long hours required at times

  • Can be isolating work, especially if working remotely

  • May require working on projects or products that don't align with personal values or interests

  • Can require significant amounts of travel, which can be disruptive to personal life.

Technical Analyst career paths

Key steps to become a technical analyst

  1. Explore technical analyst education requirements

    Most common technical analyst degrees

    Bachelor's

    68.4 %

    Associate

    14.4 %

    Master's

    11.8 %
  2. Start to develop specific technical analyst skills

    Skills
    ascdesc
    Percentages
    ascdesc
    Java10.33%
    Customer Service7.07%
    Strong Analytical4.68%
    C #4.45%
    Troubleshoot4.32%
  3. Complete relevant technical analyst training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New technical analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a technical analyst based on U.S. Bureau of Labor Statistics data and data from real technical analyst resumes.
  4. Gain additional technical analyst certifications

    Technical analyst certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific technical analyst certification, having one may help you stand out relative to other applicants.

    The most common certifications for technical analysts include Certified Instrumentation Specialist (CIS) and Certified Network Computer Technician (CNCT).

    More About Certifications
  5. Research technical analyst duties and responsibilities

    • Enable the automation team to automate the existing application flow by acting as an SME for the application.
    • Manage lab operations including ISO standardization and audit preparation.
    • Manage CRM database ensuring issues and client contacts are accurately document.
    • Deploy and manage EMR implementation project plans for several large specialties simultaneously.
  6. Prepare your technical analyst resume

    When your background is strong enough, you can start writing your technical analyst resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a technical analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Technical Analyst Resume templates

    Build a professional Technical Analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Technical Analyst resume.
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  7. Apply for technical analyst jobs

    Now it's time to start searching for a technical analyst job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Technical Analyst Job

Zippi

Are you a Technical Analyst?

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Average technical analyst salary

The average Technical Analyst salary in the United States is $74,045 per year or $36 per hour. Technical analyst salaries range between $59,000 and $92,000 per year.

Average Technical Analyst Salary
$74,045 Yearly
$35.60 hourly

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How do technical analysts rate their job?

-/5

5 Stars

4 Stars

3 Stars

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1 Star

Technical Analyst reviews

profile
A zippia user wrote a review on Feb 2022
Cons

Managing projects or leading large projects as this makes the BA role difficult to do well

Pros

-interacting with end users or customers - delivering successful products or services


profile
A zippia user wrote a review on Dec 2019
Pros

Relationships with good people who are fully invested in solving problems.

Cons

Difficult people.


profile
A zippia user wrote a review on May 2019
Pros

I like the complexity of the role and how important it is for the success of the company.

Cons

Sometimes work is light. I do not like that aspect of it.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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