Τεχνική και Θεμελιώδης Ανάλυση μετοχών και εταιριών

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  • 1

    . .

    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

    - .

    (Technical Analysis)

    .

    (Fundamental Analysis),

    ( ).

    1 Motor Oil,

    ,

    , - ,

    , ,

    .

    1) ( )

    ) , ( )

    3) , ()

    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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    6) , (

    )

    ) ( )

    ) ( )

    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)

    . ,

    .

    .

    1)

    ( , / , , , , )

    2)

    .

    3)

    .

    4)

    - ,

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    (Fundamental Analysis)

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    1) ,

    2) , ,

    3) .

    4) ,

    , .

    5)

    .

    1)

    .

    )

    ,

    .

    ) , ,

    .

    ) ,

    . ,

    , ,

    ,

    ,

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    ------

    .

    (leading)

    (lagging)

    ,

    .

    H ,

    - -

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

    (sideways trend). (

    ), ( )

    ( ).

    (patterns1),

    ,

    (indicators),

    .

    1) (trend) ( - -)

    2) (volume).

    3) (volatility).

    4) (momentum).

    .

    1 .

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    (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).

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    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

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

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    ---- 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)

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    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),

    , (,)