Change search
ReferencesLink to record
Permanent link

Direct link
A comparative study of technicalindicator performances by stock sector: RSI, MACD, and Larry Williams %R applied to the Information Technology, Utilities, and Consumer Staples sectors.
KTH, School of Computer Science and Communication (CSC).
KTH, School of Computer Science and Communication (CSC).
2016 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Technical indicators are used by experts in stock trading. The purpose of this report is to investigate whether or not some indicators perform better when applied to stocks of specific market sectors. The investigation was conducted by implementing one algorithm for each of three different technical indicators, Relative Strength Index, Moving Average Convergence-Divergence, and Larry Williams %R. Each algorithm considered one trading strategy. Three market sectors defined by the GICS were included in the tests, Consumer Staples, Utilities, Information Technology. For each of these sectors at least one stock from each industry were tested. Results suggest that the performance of the Relative Strength Index indicator may be related to the sector of the stock to which it is applied, while %R showed no such indication, and MACD showed only a slight performance deviation between sectors. Further and more in-depth studies are required to confirm the results and conclusions drawn in this report.

Place, publisher, year, edition, pages
National Category
Computer Science
URN: urn:nbn:se:kth:diva-186462OAI: diva2:927355
Available from: 2016-05-18 Created: 2016-05-11 Last updated: 2016-05-18Bibliographically approved

Open Access in DiVA

fulltext(1246 kB)30 downloads
File information
File name FULLTEXT01.pdfFile size 1246 kBChecksum SHA-512
Type fulltextMimetype application/pdf

By organisation
School of Computer Science and Communication (CSC)
Computer Science

Search outside of DiVA

GoogleGoogle Scholar
Total: 30 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 47 hits
ReferencesLink to record
Permanent link

Direct link