Metghalchi, Massoud; Chang, Yung-Ho; Marcucci, Juri - In: International Review of Financial Analysis 17 (2008) 3, pp. 475-490
In this paper we examine the profitability of some technical trading rules in the Swedish stock market over the 1986-2004 periods. The results indicate that moving average rules do indeed have predictive power and could discern recurring-price patterns for profitable trading, even after...