Essays about: "Candlestick Charting"

Found 1 essay containing the words Candlestick Charting.

  1. 1. Soldiers, pigeons and shooting stars: Evaluating the profitability of candlestick charting on the Stockholm Stock Exchange

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Filip Demitz-Helin; Alexander Mahdi; [2016]
    Keywords : Candlestick Charting; Technical Analysis; Trading Rules; Return Predictability; Market Efficiency;

    Abstract : This study provides a systematic evaluation of the profitability of candlestick charting, the oldest known form of technical analysis, on a sample of 72 stocks listed on the Stockholm Stock Exchange over the period 2000-2015. In contrast to recent studies on Chinese, Taiwanese and US data, we find that the majority of candlesticks generate raw returns that are only moderately positive and not statistically significant after accounting for transaction costs of 0. READ MORE