| Abstract [eng] |
There are more and more private persons (speculators) who a choosing different types of investment in Lithuania. More people are willing to participate in the stock trade in the Lithuanian stock market with brokers mediation. Investors/speculators are willing to know if technical analysis, that is well described in the theory, can give enough information that could lead to decision to buy or sell the stock. The goal of this study is to identify if the mathematical models, that are described by technical analysis, are possible to use in Lithuanian stock market. The mathematical models are: - simple moving average, SMA; - exponential moving average, EMA; - moving average convergence and divergence, MACD; - relative strength indicator, RSI; - Stochastic oscillator. The software was developed to calculate the result of all possible trades. All trades were made after receiving the signals according to mathematical calculations when statistic data where entered. The result of the study proved with positive results the use of trend indicators like SMA, EMA and MACD in Lithuanian stock market. The use of oscillators is not offered to use in Lithuanian stock market according to study results. |
