Logo image
Sign in
Back
The effectiveness of a technical analysis strategy versus a buy-and-hold strategy on the FTSE/JSE top 40 index shares of the JSE Ltd : the case of the Moving Average Convergence Divergence Indicator
Thesis   Open access

The effectiveness of a technical analysis strategy versus a buy-and-hold strategy on the FTSE/JSE top 40 index shares of the JSE Ltd : the case of the Moving Average Convergence Divergence Indicator

Anton Wouter Du Plessis
MCom, University of Johannesburg
27/05/2013
Handle:
https://hdl.handle.net/10210/8408

Abstract

Investment analysis Moving Average Convergence Divergence Indicator JSE Securities Exchange (South Africa)
M.Comm. (Financial Management) This study compares two main investment strategies on the JSE Ltd for 2001 to 2010 on the FTSE/JSE Top 40 Index shares. The one strategy is the Fundamental Analysis strategy (Buy-and-hold) and the other is the Technical Analysis (MACD). It was found that within the limitations of this study, the Buy-and-hold investment strategy is more effective than the MACD investment strategy.
pdf
PDF DocumentDownloadView
Open Access

Metrics

47 File views/ downloads
45 Record Views

Details