Fundamental analysts try to determine a companys value by looking at its income statement,balance sheet,and cash flow statement.In financial terms, the analyst tries to measure a companys intrinsic value by discounting the value of future projected cash flows to a net present value.Technical analysts believe that theres no reason to analyze a companys financial statements since the stock price already includes all relevant information.Instead,the analyst focuses on analyzing the stock chart itself for hints into where the price may be headed.