A Study of Stock Select Decision Support Using Technical Indicators

• Main Authors: Liu, Ming-Zong, 劉民宗
• Other Authors: Ray J. Tsai
• Format: Others
• Language: zh-TW
• Published: 1997
• Online Access: http://ndltd.ncl.edu.tw/handle/74737094192381839839

碩士 === 國立屏東技術學院 === 資訊管理技術研究所 === 85 === Title of Thesis: A Study of Stock Decision Support Using Technical Indicators Name of Institute: Graduate Institute of Management Information Systems, National Pingtung Polytechnic Institute. Graduate Date: June,1997 Degree Conferred: Master Pages: 119 Name of Student: Ming-Zong Liu Advisor: Dr. Ray J. Tsai Abstract It is important for investors to search for a means to select profitable stocks. This study uses the selected stock decisive rules which are based on the technical indicators to simulate the Taiwanese stocks transactions. The sample of this study consists of 349 stocks in Taiwan Stock Exchange(TSE) from Jan. 1987 to Dec. 1996. In this simulating period , the annual rates of return by using trading decision supports generated by the proposed model are higher than that of TSEWPI( Taiwan Stock Exchange Weighted Price Index). The results of the study are also better than those of using Citizens Securities Investment Trust Fund , fundamental analysis , neural network. If the leading stocks are very strong , the results of using proposed model can be better than the results of using TSEWPI . The decision model of the study not only can help making a better decision but also can be more efficient than any other indicators in a stock selection process . Key word: selected stock , decision support , technical indicator , fundamental