Fundamental analysis is about understanding the business of the company, its growth prospects, its profitability, its debt etc. Technical analysis focuses more on charts and patterns and tries to find out past patterns to apply for the future. Fundamentals are used more by investors while technicals are used more by traders. More often than not both these are used together and that is called an eclectic approach. Investors use fundamental analysis to identify good stocks and then they use technicals to identify the right time to enter or exit the stock. That way the decision becomes a lot more calibrated and smarter.