Abstract
Forecasting price movements in the stock market has been a major challenge for common investors, businesses, brokers, and speculators. This paper examines the profitability of technical indicators trading rules in the Malaysia stock market. The data cover a period of 22 years from January 2000 to December 2022. The instruments investigated is FTSE Bursa Malaysia KLC index. Trading strategies investigated include Directional Movement Indicator, On Balance Volume, Stochastic Oscillator, Moving Average Convergence-Divergence and Relative Strength Index. Performances are compared to a simple Buy-and-Hold. Statistical tests are also performed. Our empirical results show a strong performance of technical trading rules in Malaysian as well as generate statistically significant returns.
Metadata
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Creators: | Creators Email / ID Num. Senin, Syahbudin syahbudin@uitm.edu.my |
| Contributors: | Contribution Name Email / ID Num. Chief Editor Abdul Rasool, Mohamed Saladin UNSPECIFIED Chief Editor Awang Tuah, Siti Normah UNSPECIFIED Editor Muhamad Hanapiyah, Zulkefli UNSPECIFIED Editor P. Rameli, Mohd Faizal UNSPECIFIED Editor Ahmad, Siti Nurul Akma UNSPECIFIED Editor Md Jani, Syahrina Hayati UNSPECIFIED Editor Ali, Siti Mariam UNSPECIFIED Editor Wan Mohamed Saferdin, Wan Aisyah Amni UNSPECIFIED Agency Representative Rokman, Zesdyzar UNSPECIFIED Agency Representative Azhar, Nur Aleya Natasha UNSPECIFIED |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > Corporations H Social Sciences > HG Finance > Investment, capital formation, speculation > Stock exchanges. Insider trading in securities |
| Divisions: | Universiti Teknologi MARA, Melaka > Alor Gajah Campus > Academy of Contemporary Islamic Studies (ACIS) |
| Journal or Publication Title: | The 8th Southeast Asia International Philanthropy Conference 2023 (SEAIPC2023) |
| Event Title: | The 8th Southeast Asia International Philanthropy Conference 2023 (SEAIPC2023) |
| Event Dates: | 7-9 November 2023 |
| Page Range: | p. 154 |
| Keywords: | Islamic stock, Market, Indicator |
| Date: | 2023 |
| URI: | https://ir.uitm.edu.my/id/eprint/105607 |
- Edit Item
![[thumbnail of Abstract Only]](https://ir.uitm.edu.my/style/images/fileicons/text.png)
