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In Defense of Technical Analysis

The Journal of Finance, 1985
ABSTRACTMany investors occasionally receive what they believe to be nonpublic information about a security. Others feel that by applying superior analytical skills to public information, they are able to arrive at valuable insights that are not generally appreciated.
Treynor, Jack L, Ferguson, Robert
openaire   +1 more source

Seven pitfalls of technical analysis

SSRN Electronic Journal, 2023
This paper examines the main drawbacks of technical analysis. Although this is widely used by practitioners, from an academic perspective it can only be seen as a form of "voodoo finance". In particular, it runs into the following pitfalls: Subjectivity; Doubtful assumptions; Unjustified algorithms; Low profitability; Data snooping; Statistically ...
Guglielmo Maria Caporale, Alex Plastun
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On Technical Analysis

Review of Financial Studies, 1989
Technical analysis, or the use ofpastprices to infer private information, has value in a model in which prices are not fully revealing and traders have rational conjectures about the relation between prices and signals. A two-period dynamic model of equilibrium is used to demonstrate that rational investors use historical prices in forming their ...
David P. Brown, Robert H. Jennings
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Tourism Technical Analysis System

Tourism Economics, 2006
Accurate forecasts of tourism demand are prerequisites in the decision making process in many organizations in the private and public sectors. Any information concerning the future evolution of tourism flows is of great importance to hoteliers, tour operators and other industries concerned with tourism, services or transportation.
Petropoulos, C.   +4 more
openaire   +2 more sources

Technical analysis and individual investors

Journal of Economic Behavior & Organization, 2014
We find that individual investors who use technical analysis and trade options frequently make poor portfolio decisions, resulting in dramatically lower returns than other investors. The data on which this claim is based consists of transaction records and matched survey responses of a sample of Dutch discount brokerage clients for the period 2000-2006.
Arvid O.I. Hoffmann, Hersh Shefrin
openaire   +3 more sources

Technical Progress in Parentage Analysis

Clinics in Laboratory Medicine, 1992
At the turn of the 20th century, Mendel's laws were found to be applicable to human blood groups. Within two decades, blood group genetics were applied to problems of parentage. Expansion of immunohematology into leukocyte antigen identification produced the single most informative, expressed polymorphism.
R E, Wenk   +3 more
openaire   +2 more sources

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