I think you asked the question in a wrong way.
It should be opposite - Does bitcoin trading work the same way as stocks trading?
The answer to either of the two is NO.
Because stocks have their own principles of trading set by the market players who know insider information that could probably make the company boom or doom, and if they're penny stocks - they may never recover once dumped down to hell. Stocks can be predicted based on the indicators that may be applied to get the averages and as well, they also get affected by all the major and minor news, but Bitcoin trading is purely based on the principles of speculative measures including the rule of demand and supply and it's really uneasy to find where you'll be tomorrow if you trade Bitcoins.