Academy 8 technical analysis speakers charles daniel
This presentation is the property of its rightful owner.
Sponsored Links
1 / 44

Academy #8 Technical Analysis Speakers: Charles & Daniel PowerPoint PPT Presentation


  • 81 Views
  • Uploaded on
  • Presentation posted in: General

Academy #8 Technical Analysis Speakers: Charles & Daniel. Get connected to B&R Beurs @. Introduction. Charles-Antoine Bory Board member + chairman Audacity Swiss: good with other people’s money Many years of investment experience Daniel Göttmann Chairman STCM

Download Presentation

Academy #8 Technical Analysis Speakers: Charles & Daniel

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Academy 8 technical analysis speakers charles daniel

Academy #8

Technical Analysis

Speakers: Charles & Daniel

Get connected to B&R Beurs @


Introduction

Introduction

  • Charles-Antoine Bory

    • Board member + chairman Audacity

    • Swiss: good with other people’s money

    • Many years of investment experience

  • Daniel Göttmann

    • Chairman STCM

    • German: paying the bill in a few years

    • Many years of investment experience


Content

Content

  • Introduction

  • Volatility

  • Charts

  • Basic patterns

  • Trend indicators

  • Momentum indicators

  • Advanced chart patterns

  • Links

  • Conclusion


What is technical analysis

What is technical analysis?

  • Graphical analysis

  • “In finance, technical analysis is a security analysis discipline used for forecasting the direction of prices through the study of past market data, primarily price and volume.” Wikipedia

  • Technical analysis is more concerned with finding cues about the market micro structure!

  • Belief that the historical performance of stocks and markets are indications of future performance.


Technical vs fundamental

Technical vs Fundamental

  • Never forgetyourfundamentalanalysis!

  • Use technicalanalysis as complement

  • Combinationis the key!


Why is it important

Why is it important?

  • Identifying securities to buy/sell

  • Timing of buy and sell orders

  • Drawing in your professional life


Volatility

Volatility

  • Volatility is a measure for the variation of the price of a financial instrument over time

    • Standard deviation

    • A higher volatility implies a riskier asset

    • Volatility varies over time

    • Volatility typically high in bear markets


Volatility1

Volatility

  • Negatively correlated with price


Volatility2

Volatility

  • Stocks: volatility goes up, as prices go down

  • Implication for options?

  • Want to trade volatility? Use the VIX


Chart types line charts

Chart Types: Line Charts


Chart types ohlc

Chart Types: OHLC


Chart types candle sticks

Chart Types: Candle Sticks


Basic patterns

Basic Patterns


Patterns support

Patterns: Support

  • Price level at which demand is thought to be strong enough to prevent the price from declining further


Patterns resistance

Patterns: Resistance

  • Price level at which selling it thought to be strong enough to prevent the price from rising further


Patterns change in polarity principle

Patterns: Change in polarity principle

  • Resistance becomes support (and vice-versa)


Patterns trend

Patterns: Trend


Patterns triple bottom

Patterns: Triple Bottom

  • Buy signal at (3)


Patterns triple top

Patterns: Triple Top

  • Sell signal at (3)


Trend indicators

TrendIndicators


Trend sma

Trend: SMA


Trend sma1

Trend: SMA


Trend sma2

Trend: SMA


Trend sma3

Trend: SMA

  • Golden Cross: fast moving average crosses slow moving average from below

    • Buy signal!

    • Typically comes with high trading volumes


Trend sma4

Trend: SMA

  • Dead Cross: fast moving average crosses slow moving average from top

    • Sell signal!

\\


Trend bollinger bands

Trend: Bollinger Bands

  • 1 movingaverage (e.g. 20 days) +/- 1 standard deviation

  • Bands as support/resistance

  • Adjusts to market conditions

  • Contains ~88% of pricemovements


Trend macd

Trend: MACD

  • MovingAverage Convergence Divergence

  • MACD=12d EMA – 26d EMA, 9d EMA (signal line)

  • Trend + momentum

  • Crossover


Momentum indicators

MomentumIndicators


Academy 8 technical analysis speakers charles daniel

Momentum: RSI

  • Relative Strength Index

  • 0<RSI<100

  • RSI>70 => overbought (=> sell)

  • RSI<30 => oversold (=> buy)


Academy 8 technical analysis speakers charles daniel

Momentum: Stochastic Oscillator

  • Similar to RSI

  • Used to forsee reversal

  • 20<STO<80


Academy 8 technical analysis speakers charles daniel

Momentum: other

  • Rate of Change (ROC)

  • Commodity Channel Index (CCI)

  • StochRSI

  • TIX

  • Ulitmate Oscillator (ULT)

  • Aroon

    […]


Advanced chart patterns

Advanced Chart Patterns


Patterns candle patterns

Patterns: Candle patterns


Patterns head shoulder

Patterns: Head & Shoulder

  • Most reliable trend-reversal pattern

    • Detectable by volume peaks

    • Rises to a peak and subsequently declines.

    • The price rises above the former peak and again declines.

    • Price rises again, but not to the second peak, and declines once more.


Patterns triangles

Patterns: Triangles

  • Ascending

  • Descending

  • Use a price range


Academy 8 technical analysis speakers charles daniel

Questions?


Academy 8 technical analysis speakers charles daniel

Volume

  • The more volume the better

    • Lower transaction costs (bid-ask spread)


Academy 8 technical analysis speakers charles daniel

What is happening?


Academy 8 technical analysis speakers charles daniel

What is happening?


Academy 8 technical analysis speakers charles daniel

What is happening?


Academy 8 technical analysis speakers charles daniel

What is happening?


Academy 8 technical analysis speakers charles daniel

Recommended websites

  • Investopedia.com

    • To lookup easy definitions

  • Bloomberg.com

    • Click on “Index Chart” -> “Overlay” / “Indicators”

  • Stockcharts.com

    • Perform technical analysis easily

    • Explanation for each indicator

    • All indicators available

  • Chartgame.com

    • Test your knowledge and predictions!


Academy 8 technical analysis speakers charles daniel

Conclusion

  • Always combine many indicators at the same time

    • Avoid multicollinearity

    • E.g. Candle sticks + Volatility + Volume + SMA + MACD + RSI

  • Focus on liquid stocks

  • Always use it as a complementary tool to fundamental analysis

  • Now, impress your investment group!


Thank you for your attention

Thank you for your attention!

  • Next B&R Beurs events:

    • 13/12 at 9pm: Social drink @ Sus&Co

    • 15/12: Deadline ABN Amro Turbo Assignment

    • 10/01: New Year’s drink (Champagne!!)


  • Login