- Yes it is OK to mix TA and FA. As long as you're cognizant of which indicators are lagging and which indicators are more predictive. - As an example of when fundamental info is not included in the price, Zacks believes that raised EPS estimates for next calendar year aren't factored into price for 1-4 weeks or more. Again it pays to realize that some indicators are lagging and some are more predictive. - Some indicators I typically take into account are: sales growth 1yr pct below 52wk high on balance volume peg ratio next yr price chg 52 wks rating chg last 4wks forward pe price cashflow chg in next yr est proj long term eps growth avg surprise last 4qtrs moneyflow index williams pct r - A detailed listing of some indicators to consider, including statistical analysis, is in the paper: A Non-Random Walk Down Canary Wharf Emanuele Canegrati August 2008 http://mpra.ub.uni-muenchen.de/9871/1/MPRA_paper_9871.pdf
Don't waste your time with FA. Markets have increased in tempo too much while companies still report quarterly. Entire teams at institutions with superiour information do a pretty poor job at this kind of analysis. Your a fool if you think you can do anything alone with inferior information. All FA will do is screw up how your looking at the chart because of bias.
I hate to disappoint but, other than Zacks' idea mentioned above, that kind of information isn't free. It took me 4+ years of backtesting and forward walking different systems to figure out. And still I'm probably only about halfway there to developing a tradeable system. I will say however that I currently use MiniTab for multivariate statistical analysis. If you or someone you know knows MatLab, R, or SPSS, one of those could probably be used as well.