Other Evidences of the Predictive Power of Technical Analysis: The Moving Averages Rules on European Indexes

25 Pages Posted: 13 May 2001  

P.J. Detry

Facult├ęs Universitaires Notre-Dame de la Paix (FUNDP)

Philippe Gregoire

Universite Catholique de Louvain, CeReFiM

Date Written: undated

Abstract

Many authors discovered that simple forms of technical analysis possessed significant forecast power on various market indexes. We show that these results can be replicated on formally selected European indexes, which almost completely eliminates any influence from data-snooping. Implications of these results in terms of market efficiency are also discussed.

Suggested Citation

Detry, P.J. and Gregoire, Philippe, Other Evidences of the Predictive Power of Technical Analysis: The Moving Averages Rules on European Indexes (undated). EFMA 2001 Lugano Meetings. Available at SSRN: https://ssrn.com/abstract=269802 or http://dx.doi.org/10.2139/ssrn.269802

P.J. Detry

Facult├ęs Universitaires Notre-Dame de la Paix (FUNDP)

Rempart de la Vierge 8
CeReFiM
B-5000 Namur
Belgium

Philippe Gregoire (Contact Author)

Universite Catholique de Louvain, CeReFiM ( email )

1 place des Doyens
1348 Louvain-la-Neuve
Belgium
32-(0)10-47.84.46 (Phone)

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