Use of technical analysis indicators at trading shares of steel companies

When trading on capital markets, used are multitude of methods. The intention set out in the present paper is to analyse probability of profit of the businessman using selected technical analysis indicators whilst trading with shares of the globally largest steel companies. Selected for analysing we...

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Bibliographic Details
Main Authors: J. Zuzik, R. Weiss, M. Antošova
Format: Article
Language:English
Published: Croatian Metallurgical Society 2014-04-01
Series:Metalurgija
Subjects:
RSI
Online Access:http://hrcak.srce.hr/file/162558
Description
Summary:When trading on capital markets, used are multitude of methods. The intention set out in the present paper is to analyse probability of profit of the businessman using selected technical analysis indicators whilst trading with shares of the globally largest steel companies. Selected for analysing were 21 steel companies, and selected as the technical analysis tool was the relative strength index (RSI) indicator. Analysed have been the period of one year commencing in May 2012 and ending in May 2013, based on daily closing prices of the shares of steel companies.
ISSN:0543-5846
1334-2576