Some people have the ability to quickly see patterns and connect thoughts at a faster rate than others. It's like their brains are wired differently, and they always ace abstract reasoning examinations. There are a lot of prospective jobs for people like this. They may go into different fields, like project management, business economics, information technology, among others. For fresh graduates, one entry-level job that is worth exploring is the technical analyst role.

Technical analysts provide in-depth analysis of various data related to a project. There is little room for error in crucial situations. However, like in most jobs, making mistakes are okay as long as you learn from them. As this is usually an entry-level job, you will be supervised by more experienced team members.

So train your brain and carve a great career path into this! If you enjoy creating reports, analyzing figures, and finding solutions to problems, go for this role. It will be an amazing opportunity.

What Does a Technical Analyst Do

There are certain skills that many technical analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and creativity.

Learn more about what a Technical Analyst does

How To Become a Technical Analyst

If you're interested in becoming a technical analyst, one of the first things to consider is how much education you need. We've determined that 68.4% of technical analysts have a bachelor's degree. In terms of higher education levels, we found that 11.8% of technical analysts have master's degrees. Even though most technical analysts have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Technical Analyst

Technical Analyst Career Paths

Average Salary for a Technical Analyst

Technical Analysts in America make an average salary of $74,045 per year or $36 per hour. The top 10 percent makes over $92,000 per year, while the bottom 10 percent under $59,000 per year.
Average Technical Analyst Salary
$74,045 Yearly
$35.60 hourly
$59,000
10 %
$74,000
Median
$92,000
90 %

What Am I Worth?

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Technical Analyst Education

Technical Analyst Majors

14.2 %

Technical Analyst Degrees

Bachelors

68.4 %

Associate

14.4 %

Masters

11.8 %

Top Colleges for Technical Analysts

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

5. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

6. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

7. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

10. Worcester Polytechnic Institute

Worcester, MA • Private

In-State Tuition
$50,530
Enrollment
4,571

Top Skills For a Technical Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.6% of technical analysts listed procedures on their resume, but soft skills such as analytical skills and communication skills are important as well.

Choose From 10+ Customizable Technical Analyst Resume templates

Zippia allows you to choose from different easy-to-use Technical Analyst templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Technical Analyst resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Technical Analyst Resume
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Technical Analyst Resume
Technical Analyst Resume
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Technical Analyst Demographics

Technical Analyst Gender Distribution

Male
Male
70%
Female
Female
30%

After extensive research and analysis, Zippia's data science team found that:

  • Among technical analysts, 30.1% of them are women, while 69.9% are men.

  • The most common race/ethnicity among technical analysts is White, which makes up 59.0% of all technical analysts.

  • The most common foreign language among technical analysts is Spanish at 37.5%.

Online Courses For Technical Analyst That You May Like

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Best States For a Technical Analyst

Some places are better than others when it comes to starting a career as a technical analyst. The best states for people in this position are Washington, California, Oregon, and Montana. Technical analysts make the most in Washington with an average salary of $88,985. Whereas in California and Oregon, they would average $84,833 and $79,017, respectively. While technical analysts would only make an average of $78,209 in Montana, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Nevada

Total Technical Analyst Jobs:
500
Highest 10% Earn:
$99,000
Location Quotient:
1.19 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Delaware

Total Technical Analyst Jobs:
293
Highest 10% Earn:
$95,000
Location Quotient:
1.16 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Washington

Total Technical Analyst Jobs:
1,055
Highest 10% Earn:
$112,000
Location Quotient:
0.72 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Technical Analysts

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Top Technical Analyst Employers

Most Common Employers For Technical Analyst

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Citi$103,430$49.73175
2JPMorgan Chase & Co.$96,320$46.31143
3Oracle$96,193$46.25619
4Morgan Stanley$94,238$45.31150
5Arrow Electronics$93,288$44.85136
6Dell$90,721$43.62105
7Goldman Sachs$90,169$43.35178
8Tavant$88,735$42.6695
9Bank of America$86,588$41.63304
10T-Mobile$84,298$40.53104

Technical Analyst Videos

Becoming a Technical Analyst FAQs

How long does it take to become a technical analyst?

It typically takes a bachelor's degree and three to five years of experience to become a technical analyst. A bachelor's degree is the primary educational pathway because most technical analyst roles require a degree in information technology, computer science, business administration, or other related programs.

How much do technical analysts make?

The average salary for a technical analyst is around $78,000 per year. The typical salary range for technical analysts is about $50,000 to $90,000 a year.

This varies depending on experience, company, and education level. Entry-level technical analysts are likely to make around $45,000 a year, while highly experienced analysts can easily make over $100,000 in a year.

What education do you need to be a technical analyst?

The educational requirements for a technical analyst are typically a minimum of a bachelor's degree. A bachelor's degree is the primary educational pathway because most technical analyst roles require a degree in information technology, computer science, business administration, or other related programs.

What is a technical analyst's salary?

The average salary for a technical analyst is around $78,000 per year. The typical salary range for technical analysts is about $50,000 to $90,000 a year.

This varies depending on experience, company, and education level. Entry-level technical analysts are likely to make around $45,000 a year, while highly experienced analysts can easily make over $100,000 in a year.

Where do technical analysts work?

Technical analysts often work in brokerage houses, financial institutions, or finance and investment agencies. A technical analyst is a professional with skills and relevant knowledge to explore the financial market and derive relevant temporal patterns that provide critical trading information.

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