Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks
This paper aims to contribute to technical-scientific knowledge about the tools needed to support the decision making in investments in the capital market. We focus our analysis on the following technology companies’ performance: Facebook, Apple, Amazon, Netflix and Google (FAANG). The simulatio...
| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2020
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| Online Access: | http://journalarticle.ukm.my/16772/ http://journalarticle.ukm.my/16772/1/37110-138521-1-PB.pdf |
| _version_ | 1848814137495257088 |
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| author | de Almeida, Luís António Gomes |
| author_facet | de Almeida, Luís António Gomes |
| author_sort | de Almeida, Luís António Gomes |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | This paper aims to contribute to technical-scientific knowledge about the tools needed to support the decision
making in investments in the capital market. We focus our analysis on the following technology companies’
performance: Facebook, Apple, Amazon, Netflix and Google (FAANG). The simulation covers 18,389
observations, applying strategies based on the Ichimoku dynamics, technical analysis indicators, MACD and
RSI, and the purchase and maintenance strategy (B&H), that gives evidence that the dynamics of the past is the
best predictor for the future. We also found theoretical and empirical evidence of the predictive capacity of
these investment strategies, and their performance was evaluated by the return provided, through different
negotiation methodologies tested. The Ichimoku system trading dynamics offers the best profitability and the
lowest concerning the risk, in the short and medium term, evaluated by the return and number of trades with
positive returns. |
| first_indexed | 2025-11-15T00:29:18Z |
| format | Article |
| id | oai:generic.eprints.org:16772 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:29:18Z |
| publishDate | 2020 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:167722021-06-14T03:55:05Z http://journalarticle.ukm.my/16772/ Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks de Almeida, Luís António Gomes This paper aims to contribute to technical-scientific knowledge about the tools needed to support the decision making in investments in the capital market. We focus our analysis on the following technology companies’ performance: Facebook, Apple, Amazon, Netflix and Google (FAANG). The simulation covers 18,389 observations, applying strategies based on the Ichimoku dynamics, technical analysis indicators, MACD and RSI, and the purchase and maintenance strategy (B&H), that gives evidence that the dynamics of the past is the best predictor for the future. We also found theoretical and empirical evidence of the predictive capacity of these investment strategies, and their performance was evaluated by the return provided, through different negotiation methodologies tested. The Ichimoku system trading dynamics offers the best profitability and the lowest concerning the risk, in the short and medium term, evaluated by the return and number of trades with positive returns. Penerbit Universiti Kebangsaan Malaysia 2020 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/16772/1/37110-138521-1-PB.pdf de Almeida, Luís António Gomes (2020) Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks. Jurnal Pengurusan, 59 . pp. 1-15. ISSN 0127-2713 https://ejournal.ukm.my/pengurusan/issue/view/1328 |
| spellingShingle | de Almeida, Luís António Gomes Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks |
| title | Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks |
| title_full | Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks |
| title_fullStr | Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks |
| title_full_unstemmed | Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks |
| title_short | Technical indicators for rational investing in the technology companies: the evidence of FAANG stocks |
| title_sort | technical indicators for rational investing in the technology companies: the evidence of faang stocks |
| url | http://journalarticle.ukm.my/16772/ http://journalarticle.ukm.my/16772/ http://journalarticle.ukm.my/16772/1/37110-138521-1-PB.pdf |