A novel technical analysis-based method for stock market forecasting

Yuh Jen Chen, Yuh-Min Chen, Shiang Ting Tsao, Shu Fan Hsieh

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

Owing to the dynamic changes of the stock market and numerous influences on stock prices, assessing stock prices has become increasingly difficult. Furthermore, when dealing with information on stocks, people tend to amplify the importance of available and self-correlative information, a habit that runs contrary to objective and reasonable investment decision-making. Therefore, how to use effective stock information to assist investors in making stock investment decisions is a major topic in stock investment. This study develops a novel technical analysis method for stock market forecasting to effectively promote forecasting accuracy, which can help investors to increase their decision support quality and profitability. Specifically, this study involves the following tasks: (1) design a technical analysis-based stock market forecasting process, (2) develop techniques related to technical analysis-based stock market forecasting, and (3) demonstrate and evaluate the developed technical analysis-based method for stock market forecasting. In developing techniques associated with the technical analysis-based stock market forecasting method, the techniques involve trend-based stock classification, adaptive stock market indicator selection, and stock market trading signal forecasting.

Original languageEnglish
Pages (from-to)1295-1312
Number of pages18
JournalSoft Computing
Volume22
Issue number4
DOIs
Publication statusPublished - 2018 Feb 1

Fingerprint

Technical Analysis
Stock Market
Forecasting
Stock Prices
Financial markets
Profitability
Decision Support
Decision making
Decision Making
Tend
Evaluate

All Science Journal Classification (ASJC) codes

  • Software
  • Theoretical Computer Science
  • Geometry and Topology

Cite this

Chen, Yuh Jen ; Chen, Yuh-Min ; Tsao, Shiang Ting ; Hsieh, Shu Fan. / A novel technical analysis-based method for stock market forecasting. In: Soft Computing. 2018 ; Vol. 22, No. 4. pp. 1295-1312.
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A novel technical analysis-based method for stock market forecasting. / Chen, Yuh Jen; Chen, Yuh-Min; Tsao, Shiang Ting; Hsieh, Shu Fan.

In: Soft Computing, Vol. 22, No. 4, 01.02.2018, p. 1295-1312.

Research output: Contribution to journalArticle

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