Technical analysis and the Spanish stock exchange: testing the RSI, MACD, momentum and stochastic rules using Spanish market companies

被引：54
|
作者：
Rosillo, R. [1 ,2 ]
de la Fuente, D. [1 ]
Brugos, J. A. L. [2 ]
机构：
[1] Univ Oviedo, Dept Business Adm, Gijon, Spain
[2] Univ Oviedo, IT Dept, Gijon, Spain
来源：
APPLIED ECONOMICS | 2013年 / 45卷 / 12期
关键词：
quantitative analysis; trading strategy; Spanish market; RSI; MACD; TRADING RULES; CURRENCY MARKETS; CAPITAL-MARKETS; PRICES; ORDERS; WORK; FT30;
D O I：
10.1080/00036846.2011.631894
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The aim of this research is to examine the result of the application of the indicators Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Momentum and Stochastic in different companies of the Spanish continuous market. By using these indicators, it is intended to give purchase and sale recommendations to small investors. The generation of great capital gains depends on the type of the stock exchange company and the indicator which is being used. In addition, this research solves the problems in case of ambiguity, in the indicators, for the traders.
引用
收藏
页码：1541 / 1550
页数：10
相关论文
共 9 条
  • [1] Technical analysis and the London stock exchange: testing the MACD and RSI rules using the FT30
    Chong, Terence Tai-Leung
    Ng, Wing-Kam
    APPLIED ECONOMICS LETTERS, 2008, 15 (14) : 1111 - 1114
  • [2] Technical Analysis of Three Stock Oscillators Testing MACD, RSI and KDJ Rules in SH & SZ Stock Markets
    Wu, Mingyuan
    Diao, Xiaotian
    PROCEEDINGS OF 2015 4TH INTERNATIONAL CONFERENCE ON COMPUTER SCIENCE AND NETWORK TECHNOLOGY (ICCSNT 2015), 2015, : 320 - 323
  • [3] An analysis of the sources of momentum profits in the Spanish stock market
    Forner Rodriguez, Carlos
    Marhuenda Fructuoso, Joaquin
    INVESTIGACIONES ECONOMICAS, 2006, 30 (03): : 401 - 439
  • [4] Stock market listing and creation of employment: An empirical analysis of the Spanish stock exchange
    Alvarez Otero, Susana
    CUADERNOS DE ECONOMIA-SPAIN, 2014, 37 (103): : 1 - 12
  • [5] Technical Analysis and the London Stock Exchange: Testing Trading Rules Using the FT30
    Mills, Terence C.
    INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 1997, 2 (04) : 319 - 331
  • [6] Testing the performance of technical analysis and sentiment-TAR trading rules in the Malaysian stock market
    Tan, Siow-Hooi
    Lai, Ming-Ming
    Tey, Eng-Xin
    Chong, Lee-Lee
    NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2020, 51
  • [7] Testing the bivariate distribution of daily equity returns using copulas. An application to the Spanish stock market
    Roch, Oriol
    Alegre, Antonio
    COMPUTATIONAL STATISTICS & DATA ANALYSIS, 2006, 51 (02) : 1312 - 1329
  • [8] New evidence on expiration-day effects using realized volatility: An intraday analysis for the Spanish stock exchange
    Illueca, M.
    Lafuente, J. A.
    JOURNAL OF FUTURES MARKETS, 2006, 26 (09) : 923 - 938
  • [9] COMPARING SERIES OF RANKINGS WITH TIES BY USING COMPLEX NETWORKS: AN ANALYSIS OF THE SPANISH STOCK MARKET (IBEX-35 INDEX)
    Pedroche, Francisco
    Criado, Regino
    Garcia, Esther
    Romance, Miguel
    Sanchez, Victoria E.
    NETWORKS AND HETEROGENEOUS MEDIA, 2015, 10 (01) : 101 - 125
1