Financial Time Series Toolbox |
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Technical Analysis
Introduction
Technical analysis (or charting) is used by some investment managers to help manage portfolios. Technical analysis relies heavily on the availability of historical data. Investment managers calculate different indicators from available data and plot them as charts. Observations of price, direction, and volume on the charts assist managers in making decisions on their investment portfolios.
The technical analysis functions in this toolbox are tools to help analyze your investments. The functions in themselves will not make any suggestions or perform any qualitative analysis of your investment.
Table 3-1: Technical Analysis: Oscillators
Function
|
Type
|
adosc
|
Accumulation/distribution oscillator
|
chaikosc
|
Chaikin oscillator
|
macd
|
Moving Average Convergence/Divergence
|
stochosc
|
Stochastic oscillator
|
tsaccel
|
Acceleration
|
tsmom
|
Momentum
|
Table 3-2: Technical Analysis: Stochastics
Function
|
Type
|
chaikvolat
|
Chaikin volatility
|
fpctkd
|
Fast stochastics
|
spctkd
|
Slow stochastics
|
willpctr
|
William's %R
|
Table 3-3: Technical Analysis: Indexes
Function
|
Type
|
negvolidx
|
Negative volume index
|
posvolidx
|
Positive volume index
|
rsindex
|
Relative strength index
|
The chapter provides examples for several types of technical analysis:
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