Feeling the Market's Pulse with Google Trends

International Federation of Technical Analysts' Journal, 2015 Edition

7 Pages Posted: 29 Sep 2014 Last revised: 4 Apr 2016

See all articles by Lim Kai Jie Shawn

Lim Kai Jie Shawn

University College London - Department of Economics

Douglas Stridsberg

affiliation not provided to SSRN

Date Written: October 9, 2014

Abstract

This article explores how Google Trends has been applied in different disciplines and the relevance of search query data to financial markets. We contend that if Google Trends can be used to recover retail investor interest in a particular security, market or issue, it can provide valuable information to a technical analyst. We propose possible applications of Google Trends to improve existing concepts in technical analysis (price movements, trend analysis, oscillators nd trading bands) and demonstrate how it can act as a useful tool to improve signal reliability. In addition, we suggest other areas that could benefit from the use of this data source (volume analysis, sentiment analysis and event studies).

Keywords: Google Trends, Technical Analysis

Suggested Citation

Kai Jie Shawn, Lim and Stridsberg, Douglas, Feeling the Market's Pulse with Google Trends (October 9, 2014). International Federation of Technical Analysts' Journal, 2015 Edition. Available at SSRN: https://ssrn.com/abstract=2502508

Lim Kai Jie Shawn (Contact Author)

University College London - Department of Economics ( email )

Gower Street
London WC1E 6BT, WC1E 6BT
United Kingdom

Douglas Stridsberg

affiliation not provided to SSRN

Register to save articles to
your library

Register

Paper statistics

Downloads
600
Abstract Views
2,396
rank
43,634
PlumX Metrics