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Predicting movement of stock of “Y” using Sutte Indicator

Author

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  • Ansari Saleh Ahmar
  • Abdul Rahman
  • Andi Nurani Mangkawani Arifin
  • Alfatih Abqary Ahmar

Abstract

The aim of this study is to apply technical analysis Sutte Indicator at stock market that will assist in the decision-making process in investment to buy or sell stocks. This study took data from Stock of “Y” which listed in the NasdaqGS from the period 18 May 2012 to 30 August 2016. The performance of the Sutte Indicator can be checked with comparison with Moving Average Convergence/Divergence and Simple Moving Average. For comparison of the reliability of prediction, we can use the mean absolute percentage error, mean absolute deviation, and mean of square error.

Suggested Citation

  • Ansari Saleh Ahmar & Abdul Rahman & Andi Nurani Mangkawani Arifin & Alfatih Abqary Ahmar, 2017. "Predicting movement of stock of “Y” using Sutte Indicator," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1347123-134, January.
    • Handle: RePEc:taf:oaefxx:v:5:y:2017:i:1:p:1347123
    DOI: 10.1080/23322039.2017.1347123
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    References listed on IDEAS

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    Cited by:

    1. Ansari Saleh Ahmar, 2019. "Sutte Indicator: an approach to predict the direction of stock market movements," Papers 1903.11642, arXiv.org.
    2. Rahman, Abdul & Ahmar, Ansari Saleh, 2017. "Forecasting of Primary Energy Consumption Data in the United State: a comparison between ARIMA and Holter Winters Models," INA-Rxiv snxrq, Center for Open Science.
    3. Ahmar, Ansari Saleh, 2017. "α-Sutte Indicator: Suatu Pendekan Baru dalam Peramalan Data," OSF Preprints rknsv, Center for Open Science.
    4. Teti, Emanuele & Dallocchio, Maurizio & Aniasi, Alberto, 2019. "The relationship between twitter and stock prices. Evidence from the US technology industry," Technological Forecasting and Social Change, Elsevier, vol. 149(C).

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