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MSc ( )

Team Site: A.E.A.C. Co. Project Manager-Site Administrator

e-mail: s_4goum@yahoo.com, My Blog, Twitter, Linkedin

08/10/2015

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(Technical Analysis)

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(Fundamental Analysis),

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1 Motor Oil,

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4) ,elroseKuwaitEnergyo ,Vegasil

GAS - ( )

5) Elpedison BV ( )

https://sites.google.com/site/econewssg/homehttp://econews-sg.blogspot.com/https://twitter.com/peri_oikonomiashttp://gr.linkedin.com/pub/stratos-goumas/89/222/bba

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Keywords: technical analysis, fundamental analysis, stock market, corporation, MACD, William %R, SMA,

EMA, Stochastic Oscillator, RSI, CCI, Bollinger Bands, ROE, ROA, Current Ratio, EPS, EBITDA, EBT

(Technical Analysis)

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1)

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2)

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3)

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4)

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(Fundamental Analysis)

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1) ,

2) , ,

3) .

4) ,

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5)

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1)

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4

------

.

(leading)

(lagging)

,

.

H ,

- -

(bull market- uptrend), (bear market- downtrend) /

(sideways trend). (

), ( )

( ).

(patterns1),

,

(indicators),

.

1) (trend) ( - -)

2) (volume).

3) (volatility).

4) (momentum).

.

1 .

5

(oscillator),

,

(overbought),

,

(sell signal).

,

(oversell),

(buy signal)

.

, .

.

.

( )

1) (Simple Moving Average- SMA)

2) (Exponential Moving Average- EMA)

3) MACD (Moving Average Convergence/Divergence).

4) Bollinger Bands

5) Commodity Channel Index

6) Relative Strength Index

7) William %R

8) Stochastic Oscillator

http://en.wikipedia.org/wiki/Technical_indicatorhttp://stockcharts.com/school/doku.php?id=chart_school:technical_indicators

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1) SMA (Simple Moving Average)

,

.

,

.

,

SMA

(lagging)

. , SMA .

---- SMA

(Close Price),

(), (SMA)

SMA= + + ++ (P= Close Price, N= )

, ,

, .

,

(), 1 .

, SMA ,1 .

,

, .

, SMA 5 (5-days SMA),

SMA 50 (50-days SMA), 5-days SMA

50-days SMA, (signal)

(uptrend) 5-days SMA

50-days SMA, (signal)

(downtrend).

7

SMA. , SMA 10

(10-days SMA) 1-days SMA

(signal) (uptrend)

1-days SMA (signal)

(downtrend).

, SMA

(lagging), ,

.

2) EMA (Exponential Moving Average)

EMA,

. SMA ,

(lagging) .

EMA, ,

. ,

,

---- EMA

(Close Price),

(),

(EMA)

SMA .

t=1 EMA1=SMA

8

EMAt= + , t>1 , (P= Close Price) 0

9

---- MACD

(Close Price)

MACD= EMA(Close Price, 12 days) - EMA(Close Price, 26 days)

Signal= EMA(MACD, 9 days)

Divergence = MACD Signal

MACD Signal,

(bear market),

.

MACD Signal,

(bull market),

.

MACD ,

4) Bollinger Bands

John Bollinger, 1

(volatility bands) .

,

.

.

Bollinger Bands

.

, Bollinger Bands

-Tops(*) W-Bottoms(*) .

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ollinger ands (middle zone)

(upper zone, lower zone).

(SMA3), 20 . H +2

(upper zone) (middle zone),

-2 (lower zone) .

*-Tops: , ,

, ( )

.

*W-Bottoms: , W,

, ( )

.

W- Bottom M-Tops

3 SMA= Simple Moving Average

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---- Bollinger Bands

(Close Price)

(Standard Deviation)

Middle Zone= 20 days SMA of Close Price

Upper Zone= Middle Zone + 2*Standard Deviation(20 days) of Close price

Lower Zone= Middle Zone - 2*Standard Deviation(20 days) of Close price

(SMA)

( )

SMA,

5) Commodity Channel Index (CCI)

onald Lambert 1

.

,

(ETFs, , ).

CCI

. CCI ,

. , CCI ,

.

, CCI

(overbought), (oversell).

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---- CCI

(Close Price),

(High Price) (Low Price).

(Typical Price)

Typical Price= + +

CCI= ,

CCI +100 ,

, .

CCI -100 ,

, .

+1 -100 CCI

, +-200,

.

6) Relative Strength Index (RSI)

Welles Wilder, 1

(oscillator).

.

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---- RSI

RSI= +

RS=

4 14 (14 days CMA). ,

(Close Price) (upward)

(downward)

1.

Close Price(t) Close Price(t-1).

Close(t) Close(t-1). >0 Upward (U) (Gain)

Close(t) Close(t-1). 1: CMA(t) = + 1

4 ,

(Smoothing Moving Average)

14

3.

RSI= + 5

RSI 1

(overbought) (oversell) RSI

.

,

RSI

(oscillator)

( ) RSI

.

7) William %R

Larry William,

.

(oscillator) Fast Stochastic

Oscillator.

O William %R,

, N .

5 CMA(D,1)(), RS RSI=100.

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---- William %R

(Close Price),

(High Price) (Low Price).

14 (1 ).

%R= -100*

-1 (-,)

(overbought)

(-100,-)

(oversell), .

-50

(-50,0),

. (-100,-50)

125-days %R,

.

125-days %R

-50. .

125-days %R

-50. .

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8) Stochastic Oscillator

George Lane, ,

1

(oscillator) George Lane

(momentum) ,

.

---- Stochastic Oscillator.

(Close Price),

(High Price) (Low Price).

14 (1 ).

%K= %D=(3 days SMA) of %K

Stochastic Oscillator, , %K

%D. %D, (signal)

MACD.

%K %D (signal),

(bear market),

.

%K %D (signal),

(bull market),

.

Stochastic Oscillator,

%R.

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Stochastic Oscillator 0 +1 %R

Stochastic Oscillator,

(overbought) (oversell).

%K (,1)

(overbought) (0,20)

(oversell),

.

, (80,100),

, (,)