證券投資之技術分析研究

An Investigation of Technical Analysis Method in the Investment of the Stock Market

阮春錳(Nguyen Xuan Manh)

指導教授 ： 黃俊平

國立虎尾科技大學/管理學院/工業工程與管理研究所/碩士(2013年)

摘要

本研究之重點在於探討移動平均線對於股市投資的影響, 在此研究中進行不同時間長度下之移動平均線之調查, 其中包括了5, 10, 20, 30, 50, 60, 70, 80, 90 及 100的區間。 調查市場包含了美國(DJIA, Nasdaq Composite and S&P500),香港(Hang Seng), 韓國(Kospi), 中華民國台灣(TSEC), 日本(Nikkei 225), Russell, 以色列(Tel Aviv TA-100 IND),以及歐洲(ESTX) 等市場。調查期間由2006年1月1日至2012年12月31日。調查結果顯示移動平均線法即使在空頭市場中仍可獲利的

關鍵字

技術分析 ； 移動平均 ； 隨機指標

並列摘要

The essence of this study is to study the profit of investment in the stock market based on the technical analysis technique which includes Moving Average, Stochastic Oscillator and Bollinger Band. Different time intervals; 5, 10, 20, 30, 50, 60, 70, 80, 90 and 100 days, are tested to verify the effectiveness of the moving average model. The result shows the ability of making profit and comparison effectiveness among Moving Average, Stochastic Oscillator. The stock markets in this study include US stock market (DJIA, Nasdaq Composite and S&P500), Hong Kong (Hang Seng), Korean (Kospi), Taiwanese (TSEC), Japanese (Nikkei 225), Russell index, Israel stock market (Tel Aviv TA-100 IND), EURO Stocxx Index (ESTX) and the period of the investigation is from January 1st, 2006 to December 31st, 2012. The result shows that the proposed model is effective even in the bear market.

並列關鍵字

Technical Analysis ； Moving Average ； Stochastic Oscillator

參考文獻

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